#SECGuidance

The U.S. Securities and Exchange Commission (SEC) is reevaluating its cryptocurrency guidance from the Biden era, aiming to alleviate regulatory pressures on the digital asset sector. Acting SEC Chair Mark Uyeda announced a review of key documents concerning bitcoin futures, digital asset investment contracts, and custody frameworks. This initiative could pave the way for new regulatory frameworks. 

Concurrently, the SEC and Binance have agreed to pause their legal proceedings for 60 days. This hiatus allows discussions on the impact of the crypto task force and potential regulatory updates.