The SEC and Binance have requested a federal judge in Washington, D.C. for a 60-day pause in their ongoing legal battle, citing productive discussions concerning the impact of a newly launched crypto task force on the SEC's claims. This request, made in an April 11 joint filing, follows a previous extension granted in February. The SEC is seeking Binance's agreement for this extension while it explores potential resolutions or adjustments to the litigation scope. Notably, this comes after the SEC dismissed several lawsuits against other crypto exchanges, signaling a possible shift in its regulatory approach. The legal strife began in June 2023 when the SEC filed lawsuits against Binance and its CEO, alleging unregistered sales and other violations related to various crypto products.

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