Judge Dismisses SEC Charges Against Binance (BNB), Bitcoin ETF Issuer Files For Solana ETF, Rollblock Closes On $1M Raised In Fastest Growing Presale

In a groundbreaking week for the crypto world, a judge dismissed the SEC charges against Binance (BNB), a Bitcoin ETF issuer filed for a Solana (SOL) ETF, and Rollblock closed on $1M raised in its fast-growing presale. Currently trading at $0.015 in its third stage, Rollblock is tipped to surge 100x in 2024.

With such promising returns, let’s delve into why Rollblock is generating buzz in the crypto ICO space and the implications of the Binance SEC case.

Rolling to Success: How Rollblock is Racing Towards $1M in Its Crypto ICO

‘The internet is the new frontier for gambling and Online Casinos are where the action is’ said former president and CEO of the American Gaming Association Frank Fahrenkopf Jr and he was definitely talking about Rollblock. Rollblock is a new and exciting online casino that is close to reaching $1M raised in its crypto ICO.

The reason is self-explanatory as token holders can use RBLK tokens to earn staking yield while playing and winning at the casino. They also get paid when others play using the token while participating in token distribution events, like playing the Rollblock Alpha. This adds significant value to their holdings, making it an attractive investment.

One of the key strengths of Rollblock is its seamless integration with various blockchain networks and protocols. The Rollblock ecosystem is also built on a security-based public blockchain, meaning all transactions are completely public, making it possible to view and check all data. This increases transparency and security, which is a key part of building more investor confidence.

The platform’s innovative approach to hybrid GambleFi eliminates the need for KYC requirements, allowing users to control their own assets and hold their own keys. Players can use cryptocurrencies as collateral to place bets on casino games and sports without revealing their identity.

The multicurrency staking approach enables users to stake a variety of other cryptos besides Solana, including Bitcoin, Ethereum, and Dogecoin. Rollblock provides possible bets and utilizes bot technology to track and simulate the trades of top sports bettors, giving its 3500 registered users an advantage in the space.

Judge Partially Dismisses SEC Charges Against Binance

In this case, the SEC accused Binance, the largest cryptocurrency exchange, of unlawfully raising money by issuing its native token, Binance Coin (BNB), as an unregistered security.

In a recent development, a judge dismissed part of the Binance SEC lawsuit, ruling that the SEC lacked sufficient evidence to prove that secondary market sales of Binance were securities. However, the entire lawsuit wasn’t dismissed; charges concerning the initial sale of Binance and its staking program might still be ongoing.

It is also a victory for the crypto industry since it demonstrates that all cryptocurrency tokens need not be characterized as securities by the courts, potentially bringing some clarity for exchanges on how to structure token offerings.

21Shares Makes Official Move for Spot Solana ETF

21Shares, known for its Spot Bitcoin ETF, is now vying for the first US-approved Spot Solana ETF. This news confirms a competitive race with VanEck, both seeking to offer the first US-based Solana ETF.

The competition could speed up the SEC’s review process as they might examine both applications at once and charge a fee that will be competitive. The SEC can take several months to review these ETF filings, and there is no guarantee of approval.

However, if there are multiple applications, the SEC may approve only one Solana ETF or perhaps no Solana ETFs at all.

Conclusion

This past week has been an interesting one in the crypto verse. Binance (BNB) had some SEC charges against it dismissed. Both 21Shares and VanEck are racing to be the first to have a US-approved ETF for Spot Solana. Meanwhile, Rollblock’s impressive $1M raise in its presale stage showcases the potential of innovative platforms in the crypto ICO space. These developments collectively signify a dynamic and rapidly advancing market.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/
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