#SECGuidance The United States Securities and Exchange Commission (SEC) is re-evaluating its cryptocurrency guidelines from the Biden era, aiming to alleviate regulatory pressures on the digital asset sector. The interim chairman of the SEC, Mark Uyeda, announced a review of key documents regarding bitcoin futures, digital asset investment contracts, and custody frameworks. This initiative could pave the way for new regulatory frameworks.
In the meantime, the SEC and Binance have agreed to suspend their legal proceedings for 60 days. This pause allows for discussions on the impact of the cryptocurrency working group and potential regulatory updates.