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Coin Edition 2025-02-14 08:21:15

SEC Crypto Task Force Triggers Binance Case Pause—Regulatory Shift Assessed

SEC Crypto Task Force Triggers Binance Case Pause—Regulatory Shift Assessed

Binance and SEC pause legal battle for 60 days due to new crypto task force. SEC’s new task force could impact future crypto regulations and cases. SEC’s regulatory approach under review, potentially changing crypto firm policies. A District Court Judge has agreed to pause the legal proceedings between Binance and the U.S. Securities and Exchange Commission (SEC), granting both parties a 60-day break. As reported by FOX reporter Eleanor Terrett, Judge Amy Berman Jackson of the District of Columbia Court ruled in favor of a joint motion presented by the two entities, allowing them time to assess the impact of a new SEC crypto task force, newly formed and potentially influential to the case’s outcome. UPDATE: Judge Amy Berman Jackson has granted @binance and the @SECGov ’s joint motion to stay the case against Binance for the requested 60 days. She also ordered a joint status report be filed by April 14. https://t.co/qWZWyL54yy pic.twitter.com/FxWPrNHnFX — Eleanor Terrett (@EleanorTerrett) February 13, 2025 Task Force Formation Leads to Legal Pause The decision to pause the legal dispute stems from the SEC’s recent formation of a crypto tas… The post SEC Crypto Task Force Triggers Binance Case Pause—Regulatory Shift Assessed appeared first on Coin Edition .

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