SEC-Binance case paused for 60 days—What comes next? – BitRss

• Binance has denied claims that it sold most of its reserve assets last month.
• The exchange has paused its SEC lawsuit for 60 days pending the crypto task force report. 

The SEC-Binance[BNB ($698.94)] legal proceedings will be briefly paused for sixty days. This would allow the parties to wait for an update from the recently constituted Crypto Task Force. 

According to a filed joint motion dated on the 10th of February, the stay could be extended based on the outcome of the Task Force report. Part of the filing read, 

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