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US SEC case against crypto exchange Binance put on hold

A federal judge in Washington, D.C., on Thursday put the U.S. Securities and Exchange Commission's civil lawsuit against Binance on hold for 60 days, granting a joint request by the regulator and the world's largest cryptocurrency exchange. U.S. District Judge Amy Berman Jackson issued her order after both parties on Monday said a new SEC task force to review cryptocurrency regulation may "impact and facilitate the potential resolution of this case." Created last month, the SEC task force is led by Republican Commissioner Hester Peirce, a strong cryptocurrency supporter.

Klarna CEO Says the Buy Now, Pay Later Fintech Is Exploring Crypto

(Bloomberg) -- Klarna Bank AB Chief Executive Officer Sebastian Siemiatkowski said the firm, known for its buy now, pay later offerings, is exploring an expansion into the cryptocurrency market.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysAfter previously dismissing