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SEC and Binance seek 60-day pause in crypto case

The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force’s potential impact on regulations.

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The US Securities and Exchange Commission (SEC) and Binance filed a joint motion to pause their legal case for 60 days, marking the first move toward halting major cryptocurrency litigation since Mark Uyeda took over as acting SEC chair.

The motion, filed on Feb. 10, asked to pause the case against the exchange for 60 days, citing the establishment of the SEC’s Crypto Task Force.

This article first appeared at Cointelegraph.com News

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