- SEC and Binance agree on a 60-day pause as regulatory talks and reviews continue.
- Crypto Task Force involvement drives discussions tied to resolution and enforcement clarity.
- Legal claims remain unchanged as both sides prepare for a potential compliance-aligned path.
The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day extension to pause legal proceedings. The pause follows active discussions shaped by the SEC’s newly formed Crypto Task Force and internal regulatory reviews.
According to a report by CryptoRus, the SEC and Binance agreed that continuing the stay would serve judicial efficiency and mutual interest. The post noted that the SEC needs more time to secure internal authorizations tied to potential resolution pathways. CryptoRus confirmed the request includes another joint update at the end of the 60 days.
Ongoing Strategy Built on Multi-Asset Tokenization
The report outlines a structured legal roadmap focused on real-world assets, institutional custody, and secure blockchain rails. Asset classes include deposits, funds, stablecoins, and real estate, each modeled for regulatory-grade blockchain deployment.
Custody plans emphasize audit trails, jurisdictional clarity, and defined controls to support large-scale token onboarding. The SEC aims to modernize financial compliance via permissioned protocols, tailored for tokenized liquidity and institutional market access.
Besides regulatory focus, infrastructure readiness plays a key role in this strategy. Binance’s enterprise-facing platforms already support tokenized fund structures, stablecoin flows, and cross-border financial products aligned with compliance expectations.
No Shift in Core Legal Claims
Legal teams representing Binance, BAM, and Changpeng Zhao include Gibson Dunn, Quinn Emanuel, Katten Muchin, and Milbank LLP. The SEC is represented by attorneys across its Washington, New York, and Denver offices.
The 60-day stay request contains no changes to the charges or scope of enforcement. The case continues to focus on alleged unregistered sales of digital products and regulatory violations by Binance entities.
The Crypto Task Force, launched after Gary Gensler’s resignation, remains central to the SEC’s regulatory alignment. Its goals include crafting registration pathways and scalable disclosure standards for digital asset firms operating under U.S. oversight.
