💨 Abstract

Binance and the U.S. Securities and Exchange Commission (SEC) have requested a 60-day stay on the SEC's lawsuit against Binance, citing the potential impact of a newly launched SEC task force on crypto regulations. The motion is seen as an early sign of a more crypto-friendly stance from the SEC under Republican leadership, and a departure from the agency's previous enforcement under Democrats. The SEC sued Binance, its U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖