The SEC is seeking to halt its legal battle against Binance Holdings and its co-founder, Changpeng Zhao, signaling a potential shift in its cryptocurrency regulation approach. A joint motion to stay the case was filed in US District Court, following a previous request for a 60-day pause in February. This move suggests a possible change in strategy by the SEC.
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SEC Dropping Enforcement Case Against Binance Crypto Exchange
The SEC is seeking to halt its legal battle against Binance Holdings and its co-founder, Changpeng Zhao, signaling a potential shift in its cryptocurrency regulation approach. A joint motion to stay the case was filed in US District Court, following a previous request for a 60-day pause in February. This move suggests a possible change in strategy by the SEC.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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