Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Solana Surpasses Ethereum in Fees With $192M in 30 Days

    November 29, 2024

    Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

    May 20, 2024

    Binance confirms launch of Moonbix, its new Telegram mini-game

    September 18, 2024
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      July’s Rate Cut Dreams Fade: Fed Seen Holding Firm as Trump Fumes

      July 10, 2025

      UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

      July 8, 2025

      Digital trade tensions take center stage between the U.S. and South Korea

      July 7, 2025

      Traders Gear Up: FOMC Prep Signals Bitcoin, Altcoin Buying Frenzy

      July 6, 2025

      Bitcoin: Here's why BTC might fall to $105K despite all the hype

      July 5, 2025
    • Technology

      Coinbase partners with Perplexity to unlock real-time crypto data for traders

      July 10, 2025

      Comment on Bitcoin Surges to $110K as Selling Pressure Declines; Is BTC Charting its Way to a New ATH Soon? by Bitcoin Price Prediction: BTC to Hit $145.1K by Year-End and More

      July 9, 2025

      CleanSpark Doubles Bitcoin Mining Power After Georgia Expansion

      July 8, 2025

      Dogecoin price double bottoms as whale accumulation continues

      July 7, 2025

      Comment on Metaplanet Joins Top 5 Bitcoin Holders With 13,350 BTC as Stock Surges 10% by Bitcoin Treasuries Boom as Firms Add 8,400 BTC in Just One

      July 6, 2025
    • Learn/Guide

      Coinbase, Perplexity AI join forces to enhance crypto data access for traders

      July 10, 2025

      Top perps DEX GMX hacked for over $40m, $GMX token plunges

      July 9, 2025

      Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

      July 8, 2025

      Plume Network brings real-world yield to TRON’s global payment ecosystem via SkyLink integration

      July 7, 2025

      TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%

      July 6, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Binance, SEC’s joint motion signals possible case resolution, Ripple and Coinbase may follow suit
    Learn/Guide

    Binance, SEC’s joint motion signals possible case resolution, Ripple and Coinbase may follow suit

    February 11, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Binance, SEC's joint motion signals possible case resolution, Ripple and Coinbase may follow suit
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • Binance and SEC filed a joint motion for a 60-day pause in their legal proceedings.
    • The SEC’s new crypto task force may influence the resolution of ongoing cases.

    Share this article







    The US SEC and Binance have filed a joint motion to pause their legal proceedings for 60 days, according to FOX Business journalist Eleanor Terrett. She suggests this development could open the door for other companies facing SEC lawsuits—especially in non-fraud cases, like Ripple, Coinbase, and Kraken—to do the same.

    🚨NEW: Here’s the first requested pause on #crypto litigation in the courts since @MarkUyedaUS took over as acting chair. @binance and the @SECGov have just filed a joint motion to stay the agency’s case against the exchange for 60 days, citing the new SEC crypto task force as… pic.twitter.com/D2zcolMNC5

    — Eleanor Terrett (@EleanorTerrett) February 11, 2025

    The motion, submitted to the US District Court for the District of Columbia on Feb. 10, cites the SEC’s newly established crypto task force as a key factor in the request. According to the filing, “the work of this task force may impact and facilitate the potential resolution of this case.”

    Acting Chairman Mark Uyeda promptly initiated reforms within the securities agency following President Donald Trump’s appointment.

    On Jan. 21, the SEC, under Uyeda’s leadership, announced the formation of a Crypto Task Force led by Commissioner Hester Peirce, a known crypto advocate. The initiative is aimed at pivoting from enforcement-led regulation to proactive policy-making. The ultimate goal is to address regulatory clarity and encourage proactive guidelines development.

    The SEC previously brought legal action against Binance, its affiliated entities, and former CEO Changpeng Zhao, alleging that the company operated as an unregistered securities exchange, broker, dealer, and clearing agency. They also accused Binance of misleading investors about risk controls, corrupting trading volumes, and concealing who was operating the platform.

    Binance was further sued for promoting unregistered securities, including BNB, Binance’s native token, and other digital assets like SOL and ADA. However, in June 2024, a federal judge dismissed the SEC’s argument that BNB sales to retail users were securities.

    Discussing the decision, Binance stated that the team has appreciated Acting Chair Uyeda’s work on digital asset regulation. Binance said they are committed to resolving the case and continuing to operate as a secure, licensed, and trusted exchange.

    “We are grateful to Interim Chairman Uyeda for his thoughtful approach to ensuring digital assets receive the appropriate legislative and regulatory focus in this new, golden era of blockchain in the US and around the world,” said a Binance spokesperson. “The SEC’s case has always been without merit and we are eager to put this behind us and to continue our focus on keeping Binance the most secure, licensed and trusted exchange in the world.”

    Coinbase faces similar charges regarding unregistered securities operations. The SEC also alleged that Coinbase failed to register the offer and sale of its crypto assets through its Staking Program.

    Meanwhile, Ripple’s lengthy legal face-off, centered on XRP token classification, continues at the Court of Appeals for the Second Circuit after the SEC appealed a July 2023 ruling that XRP wasn’t a security when sold to retail investors on exchanges.

    Share this article











    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Coinbase, Perplexity AI join forces to enhance crypto data access for traders

    July 10, 2025

    Top perps DEX GMX hacked for over $40m, $GMX token plunges

    July 9, 2025

    Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

    July 8, 2025

    Plume Network brings real-world yield to TRON’s global payment ecosystem via SkyLink integration

    July 7, 2025
    Top Posts

    ChilizX announces support for the mainnet launch

    May 20, 2023

    Satoshi Era Bitcoin Miner Comes to Life with $178M BTC Moved

    November 16, 2024

    Injective to host End of the Year Treasure Hunt with dApps

    December 29, 2023

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    July’s Rate Cut Dreams Fade: Fed Seen Holding Firm as Trump Fumes

    July 10, 2025

    UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

    July 8, 2025

    Digital trade tensions take center stage between the U.S. and South Korea

    July 7, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.