The Securities and Exchange Commission (SEC) of the United States, Binance and its former CEO, Changpeng Zhao (CZ), have tabled a request to maintain their case for 60 days – to make room for early resolution and to save resources according to A deposit of a court by an United States Court on Monday.
The current affair began in 2023. The SEC continued Binance and Bam Management, the operating company for Binance US and CZ for having allegedly violated securities laws.
The new crypto working group could help “facilitate the potential resolution of this case,” said the court file. It was created on January 21 by the new president of the Sec Mark T. Uyeda in order to help the dry to develop a regulatory framework for the crypto.
“We are grateful to the acting president Uyeda for his thoughtful approach to ensure that digital assets receive the appropriate legislative and regulatory objective in this new golden era of blockchain in the United States and in the world. The case of the dry has always been baseless and we are impatient to put this behind us and to continue to focus on maintaining Binance the safest, approved and confidence in the world, “told Coindesk A spokesperson for Binance.
Large cryptographic companies campaign so that there is less regulation by application. Until now, the tables have turned to the world of cryptography with the former president of the SEC, Gary Gensler, who has taken many cryptographic companies to justice, resigning and President Donald Trump issuing an executive decree – calling for cryptographic friendly policies.
