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ARTICLE · 24 FEBRUARY 2025

SEC Hits Pause: New Crypto Task Force Reshapes Legal Battles With Coinbase, Binance

Manatt, Phelps & Phillips, LLP
Manatt, Phelps & Phillips, LLP
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The Security and Exchange Commission (SEC) enforcement blitz against Coinbase and Binance has entered a strategic détente.

United StatesTechnology
Mike Katz
Mike Katz

The Security and Exchange Commission (SEC) enforcement blitz against Coinbase and Binance has entered a strategic détente. The agency's newly formed Crypto Task Force is now driving digital asset policy and reviewing all SEC crypto actions, opening a possibility that seemed farfetched even a year ago—both cases may now resolve via regulatory reform rather than courtroom battles. This is the latest move from the SEC in just the last month that demonstrates a more positive approach towards crypto oversight.

Regulatory Chess Moves: SEC Seeks Delays, Signals Policy Shift

The SEC's recent court filings reveal a calculated retreat from its much criticized "regulation-by-enforcement" strategy:

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