The SEC has agreed to suspend its lawsuit against Binance, the world’s largest cryptocurrency exchange by volume, in a move that some legal experts say signals a momentous shift in regulatory policy towards crypto companies in the United States.

Binance and the SEC jointly filed a motion earlier this week to grant a 60-day pause to the years-long lawsuit, which initially accused Binance of “blatant disregard” of federal securities laws and willful disregard of investor protections, anticipating fresh guidance from the newly created crypto task force within the SEC.

Such a move would have been unthinkable even just months ago while former President Biden and his appointees still held power. But every week of the new Trump Administration has brought massively favorable concessions for the crypto industry, and industry observers had anticipated that the SEC might soon begin to wind down its slate of Go to Source to See Full Article
Author: Sander Lutz

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