The post Binance, SEC Settlement Talks Get Another 60-Day Pause appeared on BitcoinEthereumNews.com.

The SEC and Binance have jointly requested a second 60-day pause to continue settlement talks.. This is the second time that the two have filed for a 60-day pause in recent months. The SEC and Ripple also recently requested a 60-day pause on submissions to resolve the lawsuit. The legal battle between crypto exchange Binance and the United States Securities and Exchange Commission (SEC) saw a new development Friday with both parties jointly requesting a 60-day pause in their ongoing lawsuit. This newest filing (April 11, 2025), points to continued “productive discussions” and a shared intention to find a resolution outside the courtroom. 🚨NEW: The @SECGov and @binance have jointly asked the court to pause the case against the exchange for another 60 days. According to a recent filing, they’ve had “productive” talks, partly tied to the Crypto Task Force’s work, and say a continued pause is in everyone’s best… pic.twitter.com/0vH5MiE8wr — Eleanor Terrett (@EleanorTerrett) April 11, 2025 The lawsuit, first filed in June 2023, accused Binance and its co-founder Changpeng Zhao of serious violations of securities laws, including allegedly misleading regulators.  Related: Only 3 of 27 Binance 2025 Listings Gained – And Even They Carry Risks Does Pause Signal Softer SEC Tone Under New Leadership? The SEC, now transitioning from acting chair Mark Uyeda to newly confirmed chair Paul Atkins, is exhibiting a notable change in tone. Under Uyeda’s leadership, the SEC has toned down its rhetoric toward strict crypto regulation, instead proposing the idea of a conditional, temporary, regulatory arrangement that supports innovation while the SEC crafts permanent guidelines.  This proposed framework would offer “time-limited, conditional exemptive relief” to crypto firms—both registered and unregistered—allowing them to operate more freely under a single SEC license instead of navigating a confusing patchwork of state-by-state rules. Uyeda, speaking at an SEC…

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Filed under: News - @ April 12, 2025 7:23 am