The U.S. Securities and Exchange Commission is seeking to pause its high-profile lawsuit against the cryptocurrency exchange ...

In the filing, lawyers for the SEC and Binance noted a new crypto task force established by acting SEC Chairman Mark Uyeda on ...

The SEC and Binance have jointly requested a 60-day stay in their ongoing legal battle to allow for regulatory developments.

The newly launched crypto task force could help " facilitate the potential resolution of this case," the court filing said.

The joint motion by the regulator and the giant crypto bourse comes as the recently installed crypto task force lays ...