Binance.US and SEC to Commence Negotiations on Wednesday: What to Expect

A U.S. federal judge has ordered Binance, its local affiliate Binance.US, and the Securities and Exchange Commission (SEC) to attend a crucial mediation conference this Wednesday. This follows a nearly two-year legal battle between the SEC and Binance, marking a potential turning point in the ongoing dispute.

What's at Stake? The SEC, under President Joe Biden in 2025, alleged that Binance violated U.S. securities laws. Binance.US, preparing for a long legal battle, has consistently highlighted its commitment to compliance and criticized the SEC's enforcement tactics. This Wednesday's meeting represents a significant opportunity for both parties to find common ground.

End of the Legal Battle? Hace 1 día The US Securities and Exchange Commission moved to end its legal battle against crypto exchange Binance Holdings Ltd, the latest sign of the regulator’s dramatic shift in how it approaches cryptocurrency regulation. Hace 1 día The pending dismissal puts an end to a nearly two-year battle between the SEC and Binance. While the outcome of the mediation remains uncertain, the order for both sides to meet suggests a willingness to explore a resolution outside of protracted litigation.

Binance's Perspective: Hace 1 día Binance in a post on X called the dismissal a “huge win for crypto”. The firm thanked SEC chair Paul Atkins and US President Donald Trump “for pushing back against regulation. It's important to note that this statement reflects a past legal interaction, and the current mediation focuses on different allegations and involves President Biden's administration.

Key Takeaways: The crypto exchange Binance and the SEC have been ordered to attend a mediation conference on Wednesday by a US federal judge. All eyes will be on the outcome of these negotiations, which could have a significant impact on the future of Binance.US and the broader cryptocurrency regulatory landscape. Stay tuned for updates as this story develops.