Will the newly formed encryption squad push the American Securities and Stock Exchange Committee to the fundamental shift in its approach to organizing the encrypted currency? Recent developments in SEC’s legal battles against prominent exchanges such as Coinbase and Binance indicate that the regulator slows the legal measures against encryption companies and is awaiting its business squad to direct future decisions.
SEC requires a 28 -day extension in Coinbase
Last month, Judge Villa presented legal measures against the stock exchange last month, and to provide a brief relief to Coinbase in its legal battle against the Supreme Education Council. The court allowed even Coinbase to submit a representative appeal to request clarity on whether the current securities laws apply to the digital assets circulated on the stock exchange.
The appeal of the perimeter occurs when the ruling is appealed by the court of trial while other aspects of the case are still continuing. The Securities and Stock Exchange Committee was supposed to respond to the Stock Exchange request to submit the appeal or before February 14, 2025.
Experts such as Elianor Teret expected that the organizational agency may require the extension of the deadline.
As experts expect, the Supreme Education Council requested a 28 -day extension to respond to Coinbase’s appeal to leave to make an ocean call.
It is not surprising that Coinbase accepted the extension request submitted by the United States.
SEC and Binance agree to stop the legal issue
On February 10, 2025, the American Binance and SEC made an appeal to remain the legal procedures for the organizer Agency against the Stock Exchange for a period of 60 days.
The petition indicated the possibility of the new SEC encryption squad to give a new direction to organize organizational encryption approach.
At the same time, experts such as Elianor expected that other encryption companies such as Ripple, Coinbase and Kraken will advance with appeals that seek to get extensions.
SEC Driving Transformation: What you should know
Hours before Trump’s inauguration, Gary Ginsner 
Gary Ginsner Gary Ginsner is a pioneer and current president of the US Securities and Stock Exchange. He has extensive experience in Wall Street, government organization and angel teaching around cryptocurrencies and Blockchain at the Massachusetts Institute of Technology. Gary S. Ginsner was born on October 18, 1957, in Baltimore, Maryland. He graduated from Piccice High School in 1975, where he later received the distinguished graduate award. He also has a certificate in the economy. Gensler served in the Ministry of Treasury in the United States as an assistant minister of financial markets from 1997 to 1999, then the Undersecretary of the Ministry of Local Finance expressed from 1999 to 2001, and expressed his desire to provide encrypted approaches at a later time, including symbolic obligations, decentralized financing, And the rituals, the will, the resources circulated in the exchange, and the stages of progress. president 
He stepped down from his position as Chairman of the Securities and Stock Exchange Committee. The inappropriate director of the Ginsler paved the way for the lawyer, Mark Oida, as the Acting SEC chair.
SEC has created an encryption workplace to provide clarity to the application of federal securities laws to the encryption asset market.
The work squad currently operates under the leadership of the SEC Hester PEIRCE Commissioner 
Hyster Peres
Hyster Peres is one of the Securities and Stock Exchange Committee, often known as “Crypto Mom”, one of the most explicitly encrypted currency supporters in the United States. Before joining the Securities and Stock Exchange Committee, she worked in a variety of roles that evaluate and formulate financial regulations, after she graduated from the Faculty of Law at Yale University. She worked at the Mercatos Center at George Mason University, a Libertari research tank, the last of which was a commissioner, where, among other things, she produced legislation such as Dod Frank’s Law. She, is often known as “Crypto Mom”, is a member of the Securities and Stock Exchange Committee. She was born in Ohio and graduated from Yale’s Law College. Before joining the Securities and Stock Exchange Committee, she worked in a variety of capabilities that reside and establish financial regulations. She worked at the MERCATUS Center at George Masson University, a research center that tends to be liberal, the last of which was a commissioner, where, among other matters, she produced criticism of legislation such as Dod Frank’s Law. While President Jay Clayton and Joe Biden’s candidate will come out, Republican Pierce will find herself in the minority. Cleiton, on the other hand, was not particularly thinking that it came to digital assets. President Biden announced his intention to choose Gary Ginsler, an expert who is supposed to be more willing to deal with Pierce more than Clayton. SEC approval of the preliminary public offers of encryption companies such as Coinbase, the first ETF to be written by Bitcoin, and of course, are all clear goals for Peirce. We will not know what Pierce thinks about the Supreme Council of Education’s pursuit until after the truth, in the SEC protocol, but the results of this issue will definitely be a starting point for more clarity. Peres told the guests at the Crypto Finance conference in January that the priority of the SEC Board of Directors in the future should support innovation and give organizational clarity: “We need to adopt innovation and know how to create an organizational framework that encourages it, which, in our field, I think it means providing clarity.” contractorInvestorfinanceEncryption expert .
The encryption squad is expected to give a new direction of the SEC approach to organizing the cryptocurrency.
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