Binance and SEC file to stay case for 60 days

Plans to reduce the application of American dry cryptography materialized in court with a file to resolve a complaint against Binance, the greatest exchange of cryptography in the world.

According to a judicial file, the Securities and Exchange Commission, Binance, and its founder, Changpeng Zhao, submitted a joint movement For a 60 -day break, seeking to settle the legal affair without any other procedure.

The SEC continued Binance and Zhao in 2023, alleging violations of federal laws on securities. Coinbase, another large crypto platform, was faced with similar accusations that the former SEC president, Gary Gensler, intensified his repression against digital asset companies.

The documents filed before an American court said that the working group on the Crypto de la SEC, spear By interim president Mark Uyeda could help “the potential resolution of this case”.

The working group was announced on January 21, one day after the inauguration of President Donald Trump. SEC staff were responsible for reassessing the current disputes against cryptographic platforms and praying cases that did not imply fraud.

Jorge Tenreiro, the best prosecutor of dry cryptography, was even transferred From the legal division to the agency’s computer department as part of the internal reshuffle under Trump.

The news of the reallocation of Tenreiro and the lag of the SEC move away from the aggressive application of cryptography have fueled optimism for clearer regulations under the new administration of the White House.

For years, industry leaders like Binance and Coinbase have pressure on dry and decision -makers for a clear regulatory framework. Trump’s return and the departure of peopleler reported the Washington pivot to a more friendly cryptographic position.

During a press conference, AI of the White House and Tsar Crypto David Sacks confirmed President Trump’s interest in the implementation of “common sense” policies to protect investors and support the adoption of blockchain.