In a major development, crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to pause the legal proceedings for 60 days. This is the first major development in the Binance lawsuit after Chairman Mark Uyeda took charge of the SEC last month. As per the joint motion filed with the court, both parties have cited the establishment of the crypto task force under Hester Peirce as the reason behind it.
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