While the standoff between Binance and the SEC shapes the Crypto regulatory future in the United States, the two parties are asking for a new judicial suspender from 60 days. A strong signal, revealing a possible strategic turn within the regulator, and a probable signature of an agreement between the two parties.
Binance vs dry: a strategic break in a high issue conflict
Since June 2023, Binance has been accused by the SEC of having proposed financial products without authorization in the United States. The American stock market gendarme points to the sale of BNB and Busd, as well as stuking programs deemed illegal. He also criticizes Binance for having allowed American crypto users for accessing his main platform, Binance.com, when this was theoretically prohibited.
Another friction point: opaque management of customers' funds, transferred to an entity linked to the founder Changpeng Zhao. Faced with these accusations, Binance denies any bad intention. So in February 2025, the two camps had agreed to break the case for 90 days. This April 11, they asked together 60 additional days to continue their discussions. This approach suggests that a negotiated solution is seriously envisaged.
Towards a negotiated resolution with major repercussions?
Two options are on the table: either an agreement is reached and the case ends without trial, or negotiations fail and the legal fight resumes. A compromise would offer relief for Binance, but also for the entire Crypto market, in search of regulatory stability. Especially since since the presidential election of 2024, a change of attitude has been felt dry.
Indeed, the acting president, Mark Uyeda, seems to want to calm tensions with the crypto industry. This new posture contrasts with the more offensive approach to the previous administration. This file could become a model for other companies in the sector faced with similar surveys. The way in which the dry deals with this case will give a strong signal to the whole ecosystem.
This judicial reprieve is not trivial, especially at this moment when the dry prepares a round table on Crypto regulation in the presence of Coinbase. Binance plays a decisive part, like the dry, which could lay the foundations for a new regulatory approach. If the two parties find common ground, the whole crypto industry could get out of it.
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