According to the latest news, the U.S. Securities and Exchange Commission (SEC) has decided to suspend legal proceedings against the Binance crypto exchange for 60 days. This step is aimed at giving time to a new working crypto group set up by regulators to analyze in detail the current market conditions and the company's operational activities.
According to SEC representatives, the temporary suspension will allow for the latest data to be taken into account and ensure a more balanced approach to regulating digital assets. Regulators plan to review the evidence and update the control strategy, taking into account the rapidly changing landscape of the cryptocurrency market.
This decision could have a significant impact on the future regulation of the crypto industry, as it allows for transparency and investor protection in an environment of high volatility. The final decision on the case will be made after the end of the 60-day break, when the working group will present its recommendations.