SEC seeks 60-day stay in US lawsuit against Binance

The US Securities and Exchange Commission (SEC) has asked a court to stay its lawsuit against Binance, underscoring a new approach to the crypto asset industry under the Trump administration. The SEC made the request in a joint motion filed late Monday (10) with the cryptocurrency exchange. It proposed a 60-day stay while a new task force, created by acting SEC Chairman Mark Uyeda, works on a regulatory framework for cryptocurrencies. “The work of this task force may affect and facilitate the potential resolution of this case,” the motion states. The federal court in Washington has yet to rule on the request. The SEC, then led by Gary Gensler, charged Binance and founder Changpeng Zhao in 2023 with a series of securities violations. He alleged that Binance operated unregistered exchanges, misrepresented trading controls and commingled investor assets with company funds. Binance has consistently said the case was without merit. https://www.youtube.com/watch?v=nUIhlqc9Ai4 Binance, the world's largest cryptocurrency trading platform, pleaded guilty separately that year to violating U.S. anti-money laundering requirements and agreed to pay a fine of $$ 4.3 billion. Zhao served four months in prison on a related charge. "We are grateful to Acting Chairman Uyeda for his thoughtful approach to ensuring that digital assets receive appropriate legislative and regulatory focus in this new, golden era of blockchain in the U.S. and around the world," a Binance spokesperson said Tuesday (11). https://stories.cnnbrasil.com.br/economia/serasa-brasileiros-demoram-a-fazer-plano-financeiro-de-aposentadoria/