The case between Binance and American Securities and Exchange Commission (SEC) has now been put off for 60 days. Both sides together appealed to the court to put off the case so that the new Crypto Activity Drive created by SEC can think on the matter. This is the first time a case has been posted in the leadership of SEC’s appearing Chairman Marked Uyeda.
Binance and sec case for 60 days put off
Binance and SEC gave a joint utility, stating that SEC has created a new Crypto Activity Drive, which can help in the solution of the case. According to the Fox Trade Journalist Eleanor Terrett report, this is the first time that SEC has posted a case under this new leadership. After this, within 60 days, SEC and Binance will release a report, which will be told whether the case needs to be pushed forward. If you want, complete information about Binance, What is binance Can read on our website.
SEC’s Crypto Please ViewPoint
Sec appearing Chairman Marked Uyeda had earlier said that the old SEC team had taken the Towards Strint Motion of Cryptocurrency, which caused the atmosphere in this field to heat up. Now Uyeda has said that SEC will adopt a more Crypto Please ViewPoint, which will give Crypto Business a chance to move forward without any regulatory obstruction.
Also signal for other crypto firms
This change shows a major change in the vision of SEC. Experts believe that even after this change, more Crypto FIMMS Ripple, coinbase, krakenfx Can make similar appeals.
Along with this, many other cases raised by SEC can also see a quick change. These days in Crypto Community Ripple and sec controversy But there is a lot of discussion. Recently there have been some changes in SEC, due to which the matter is now looking like to end. The analyst believes that if the case comes in favor of Ripple, XRP Value can go up to $ 4, which will be more than its all -time high $ 3.84.
Conclusion
The decision to postpon the case of Binance and SEC for 60 days is an important step, which reflects the changing viewPoint with SEC’s Crypto. Now it will be seen to see that other companies also follow this new viewpoint and will SEC be able to better support Crypto business with their decision.
