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SEC and Binance Seek 60-Day Pause as Settlement Talks Advance

  • The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day pause in their ongoing legal case.
  • The pause will give both sides more time to finalize a settlement and consider the policy implications of the SEC’s Crypto Task Force.
  • The SEC's Crypto Task Force aims to provide regulatory guidelines for digital assets.
  • Under new SEC Chair Paul Atkins, there is a willingness to resolve high-profile crypto lawsuits and promote pro-crypto regulation.

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