U.S. court agrees to suspend legal disputes between Binance and SEC until April, and both parties need to submit reports by April 14

PANews February 14th news, according to The Block, U.S. District Court Judge Amy Berman Jackson has approved the suspension of Binance's legal dispute with the U.S. Securities and Exchange Commission (SEC), and the case will be postponed by 60 days. Both parties must be before April 14th. Submit a joint status report.

Binance and the SEC filed an application on Monday to request a pending case, citing the SEC's newly formed cryptocurrency working group that is developing a clearer regulatory framework. The working group is led by Hester Peirce, a commissioner appointed by SEC’s new acting chair, who recently raised cryptocurrency regulatory priorities, including the classification of some tokens as non-securities.