Binance and SEC Request Extended Legal Pause Amid Ongoing Negotiations

Binance and the U.S. Securities and Exchange Commission (SEC) have jointly sought an additional 60-day pause in their legal battle, citing productive discussions between legal teams. The motion, filed in the U.S. District Court for the District of Columbia, aims to extend a stay initially granted in February 2025 by Judge Amy Berman Jackson. Both parties argue that maintaining the stay aligns with judicial efficiency as negotiations continue.

Binance and SEC Seek Another 60-day Pause in Legal Dispute

Binance and the SEC have jointly requested an additional 60-day pause in their ongoing legal dispute. The parties have asked the judge overseeing the matter to keep the case on hold amid productive discussions between their lawyers. The motion seeks to extend the stay granted by Judge Amy Beerman Jackson of the US District Court of Columbia in February, stating that continuing the stay is appropriate and in the interest of judicial economy.

Binance and SEC Extend Judicial Truce by 60 Days

Binance and the SEC have requested a 60-day judicial stay, signaling a possible strategic shift within the regulator and an agreement between the parties. Since June 2023, Binance has been accused by the SEC of offering unauthorized financial products in the US, including BNB, BUSD, and illegal staking programs. The SEC also alleges that Binance allowed American crypto users to access its main platform, Binance.com, despite prohibitions. The extension comes amid ongoing tensions over the opaque management of client funds.