Binance & SEC Reach Deal, Case Postponed – 60-Day Extension

The US Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance have sought a delay in their ongoing case, pushing it back for another 60 days. The parties filed a joint motion to postpone the proceedings, highlighting ‘productive’ discussions between them. Some of these conversations centered on work within the SEC’s Crypto Task Force, emphasizing that the suspension would ultimately benefit all parties involved. A new update will be provided in sixty days.