Binance and the SEC have filed a joint motion to suspend their legal proceedings for 60 days. This decision is related to the launch of the SEC's cryptocurrency working group, which may influence the development of the regulatory framework for digital assets. The document states that the work of the group could contribute to resolving the case. The SEC stated that it expects results from the new initiative, which is supposed to simplify the classification of cryptocurrencies as financial assets. The parties plan to discuss the possible extension of the pause after 60 days.
2/12/2025 7:42:48 AM (GMT+1)
Binance and the SEC have filed a joint motion to suspend the legal proceedings for 60 days, considering the new cryptocurrency working group of the SEC, which may affect the resolution of the case ⚖️
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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