Big news in the world of cryptocurrency! The SEC (think of them as the grown-ups watching over money) and Binance (a big cryptocurrency company) decided to pause their legal fight for 60 days. This is a big deal because it's the first time this has happened since a new person took charge at the SEC.
- The SEC and Binance want to work together to figure things out.
- Other companies like Ripple, Coinbase, and Kraken might do the same thing.
- The SEC made a special group to make rules about cryptocurrency.
Fact | Details |
---|---|
Pause Length | 60 days |
Goal | Find a solution, make clear rules |
Possible Outcome | Clearer rules for crypto |