The Securities and Exchange Commission (SEC) has agreed to suspend its lawsuit against Binance, the world's largest cryptocurrency exchange, for 60 days. This move is seen by legal experts as a significant shift in regulatory policy towards crypto companies in the United States. The pause in the lawsuit indicates that the SEC is reevaluating its interpretation of how securities laws apply to crypto. It is speculated that fresh guidance from the SEC's newly created crypto task force, which is expected to be favorable to the industry, may impact and facilitate the potential resolution of the case. However, not all experts believe that the SEC will completely stop its enforcement actions against crypto companies, and there is a possibility that Binance may reach a settlement with the SEC. Ultimately, cautious optimism is advised for crypto startups operating in the US.



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