7:00 ▪ ▪
3
min at reading ▪
While Standoff forms a regulatory future in the United States between Binance and SEC, both parties apply for a new judgment of 60 days. A strong signal that reveals a possible strategic turnover within the regulator and the probable signature of the agreement between the two sides.
Binance vs Dry: Strategic turning point in conflict with a high problem
Since June 2023, SEC has been charged with binance of proposing financial products without permission in the United States. The US stock market of Gendarme points to the sale of BNB and BUSD and the stuking programs considered illegal. It also criticizes Binance for allowing US crypt users to access its main platform, binance.com when it was theoretically prohibited.
Other friction: opaque administration of customers’ funds, transferred to a subject associated with founder Changpenge Zhao. In the face of these accusations, binance denies any bad intention. In February 2025, both camps agreed to breach the case for 90 days. This year, April 11 applied for another 60 days to continue their discussions. This approach suggests that the negotiated solution is seriously assumed.
Towards the negotiated resolution with great consequences?
There are two options on the table: either an agreement is achieved and the case ends without court proceedings, or the negotiation fails and the legal struggle continues. A compromise would offer relief for binance, but also for the whole crypto market, in search of regulatory stability. Especially since the presidential elections in 2024, the change of attitude was felt dry.
It seems that the reigning President, Mark Uyeda, really wants to calm tension with the crypt. This new posture is contrary to the more insulting approach to the previous administration. This file could become a model for other companies in this industry that faces similar surveys. The way drought deals with this case provides a strong signal to the entire ecosystem.
This court retribution is not trivial, especially at this point in which Suchý prepares a round table for crypto regulation in the presence of Coinbase. Binance plays a decisive role, such as Suchý, which could lay the foundations for a new regulatory approach. If both sides find common ground, the whole crypto industry could get out of it.
Maximize your Cointribne experience with our “Read to Earn” program! For each article you read, get points and approach exclusive rewards. Sign up now and start to accumulate benefits.
The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
