Regulatory Pause Hints at Softer Crypto Stance โ๏ธ
The U.S. Securities and Exchange Commission (SEC) ๐๏ธ has temporarily halted its prominent lawsuit against Binance ๐ก for 60 days, following a mutual agreement between both parties. This development, announced in February 2025 ๐ , suggests a possible shift toward a more favorable regulatory approach under the new U.S. administration.
The pause coincides with the formation of a new SEC task force ๐ ๏ธ headed by crypto supporter Hester Peirce ๐ฉโโ๏ธ, focusing on strengthening relations with the crypto industry. Legal analysts ๐ believe this could open the door to settlements or even dismissals in similar regulatory cases, potentially reducing pressure on Binance and other major exchanges ๐.
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