Binance CEO Responds to SEC Investigation: BNB is Not a Security

Binance CEO Changpeng “CZ” Zhao has addressed the ongoing scrutiny from the United States Securities and Exchange Commission (SEC) regarding BNB, Binance's native cryptocurrency. Speaking at CoinDesk’s Consensus 2025, CZ stated that the SEC regularly asks questions about Binance and its products. However, he firmly maintains that BNB is not a security.

The SEC's investigation into Binance has been a topic of much discussion within the cryptocurrency community. Binance founder and CEO Changpeng CZ Zhao said the Securities and Exchange Commission (SEC) has questioned the BNB token but the exchange has yet to [receive any formal determination].

Federal Judge Rules: BNB Not a Security – A Win for Binance?

A significant development in this ongoing saga is a recent court ruling. In a landmark decision, a federal judge has ruled that the BNB token, the native cryptocurrency of Binance, is not considered a security. This ruling dismisses the claims [regarding BNB's security status in this particular case].

The United States Securities and Exchange Commission (SEC) has responded to a motion for the dismissal of its amended suit against cryptocurrency exchanges [including Binance]. This ruling was a significant win for Binance.

SEC Revises Complaint After BNB Ruling

The SEC’s revised complaint follows a recent court ruling that BNB, Binance’s native cryptocurrency, is not considered a security. This ruling was a significant win for Binance. The SEC continues to investigate aspects of Binance's operations, but the classification of BNB itself has been a major point of contention.