The US SEC: BUSD should be treated as a security, just like UST.

According to BlockBeats news on January 5th, the US Securities and Exchange Commission (SEC) submitted a ruling on Terraform Labs to the Southern District Court of New York in recent filings involving the Coinbase case, further supporting the SEC's decision to oppose Coinbase's motion. The SEC insists that SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO belong to the category of unregistered securities. At the same time, the SEC requested that the Washington court consider Terraform's ruling when dealing with the Binance motion and believes that BUSD should be treated as a security just like UST.