SOL, the cryptocurrency that powers the smart-contract-enabled, high-performance Solana layer-1 blockchain protocol, has just been deemed as a security by the US Securities and Exchange Commission (SEC).
In the past two days, the SEC has sued both Binance and Coinbase, two of the world’s largest cryptocurrency exchanges in terms of trading volumes, for operating as unlicensed securities exchanges within the US….
Read More: Solana Price Prediction as SOL is Deemed a Security by the SEC – Will the Charges Send SOL Lower?