SEC and Binance Seek 60-Day Delay in Legal Proceedings

Reported about 8 hours ago

The SEC and Binance, along with co-founder Changpeng Zhao, have jointly requested a 60-day pause in their lawsuit as the SEC is developing a regulatory framework for digital assets. This request was made to the US District Court of Columbia and aligns with the SEC's establishment of a crypto taskforce. Binance asserts that the SEC’s claims lack merit and expresses a desire to resolve the matter while continuing to enhance the platform's security and licensing.

Source: YAHOO

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