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The Independent UK

National

Alan Suderman

SEC requests a pause in legal battle with Binance as the agency adapts a crypto-friendly stance

Binance SEC Crypto United States Gary Gensler Mark Uyeda Changpeng Zhao Cryptocurrency Donald Trump Lawsuit

Crypto-Binance - (Copyright 2023 The Associated Press. All rights reserved)

The U.S. Securities and Exchange Commission is seeking to pause its high-profile lawsuit against the cryptocurrency exchange Binance as the regulator tries to present itself as more crypto-friendly under a new administration.

Binance and the SEC filed a joint motion Monday asking for a 60-day stay in a lawsuit the regulator filed with significant fanfare two years ago under its previous chairman, Gary Gensler.

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