Today in crypto news, the US SEC is seeking additional time to resolve enforcement cases against various crypto firms, resulting in a joint motion with Binance on February 10 to pause their legal dispute. The SEC cites the potential influence of its new Crypto Task Force on its enforcement strategies. They requested the court extend the deadline for responding to a motion to dismiss from February 19 to March 21, emphasizing that the task force could facilitate resolutions with firms like Binance and Cumberland. The motion for a 60-day pause marks a shift in litigation tactics since the new SEC leadership. Additionally, analysts indicate a 90% likelihood that the SEC will approve a Litecoin ETF in 2025, viewing it as a more straightforward case compared to other cryptocurrencies like XRP and Solana. The analysts highlighted that the necessary forms for approval have already been filed and accepted by the SEC, suggesting confidence in Litecoin's regulatory acceptance.

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