Binance and SEC Agree to Extend Legal Pause for 60 Days Amid Regulatory Review

The ongoing legal battle between Binance and the U.S. Securities and Exchange Commission (SEC) has been paused for an additional 60 days as regulators continue to refine their stance on digital asset regulations. The joint request for an extension highlights the complexities of crypto oversight and signals potential shifts in enforcement approaches. Meanwhile, Nova Labs’ recent settlement with the SEC adds another layer to the evolving regulatory landscape.

SEC and Binance Case Paused for Another 60 Days

Late Friday, attorneys with the U.S. Securities and Exchange Commission (SEC) and Binance filed a joint status report asking a federal judge to continue a 60-day pause in the case for another 60 days. This comes as the SEC continues to develop its views on digital asset issues, and how it treats its active litigation remains a key signal. Separately, Nova Labs settled allegations with the SEC this week.

Binance Legal Pause Extended Again in SEC Lawsuit

Binance and the SEC have asked for a second 60-day break in their nearly two-year lawsuit. Both parties have made productive progress, and these talks could lead to a deal or narrow the legal fight. The pause started after Gary Gensler left as SEC chair, bringing a more crypto-friendly tone. The SEC launched a Crypto Task Force, which could play a big role in shaping the future of the Binance case.