Use Secure SEC Case against crypto exchange binance on hold

(Reuters) – Federal Judge in Washington, DC, placed US securities and a civil lawsuit for the exchange of commission in the amount of stimulancy, giving a common regulator requirement and the world’s largest exchange of cryptocurrency in the world.

The American District Judge Ami Berman Jackson issued his order after both parties on Monday, said that the new sector working group was to reconsider the cryptocurrency could “influence and facilitate potentially solving this case”

Created last month, the Secu Working Group leads the Republican Commissioner Hester Peirce, a strong supporter of cryptocurrency.

SEC was sued by the binance and founder of Changpeng Zhao in June 2023. years, accusing the exemption of artificially inflated trading, redirecting clients and misdirect investors on supervision control.

President Donald Trump, Republican, he promised that the United States would make the global hub for the cryptocurrencial industry.

He was nominated by Paul Atkins, a lawyer Washington seen as a cripto-friendly, to become the Chairman of the SEC.

Atkins would replace Gari Gensler, who drew many industry opposition to favoring the higher regulations of cryptocurrency and interest in what he called “wild western” mentality in the industry.

(Reporting Jonathan Stempel in New York; Editing Nia Williams)