Binance vs SEC：高風險衝突中的戰略停頓

隨著Binance和SEC之間的拔河艦塑造了美國加密法規的未來，雙方都要求新的60天的司法逗留。

The tug-of-war between Binance and the SEC continues to shape the future of crypto regulation in the United States. As both parties request a new 60-day judicial stay, a strong signal emerges, hinting at a possible strategic shift within the regulator and a likely signature of an agreement between the two parties.

Binance和SEC之間的拔河戰繼續塑造了美國加密監管的未來。由於雙方都要求新的60天司法逗留，因此發出了強烈的信號，暗示了監管機構內部可能的戰略轉變，並可能簽署了雙方之間達成協議的簽名。

Since June 2023, Binance has been accused by the SEC of offering financial products without authorization in the United States. The American securities regulator points to the sale of BNB and BUSD, as well as staking programs deemed illegal. It also reproaches Binance for allowing American crypto users to access its main platform, Binance.com, even though it was theoretically prohibited. Another point of friction: the opaque management of client funds, transferred to an entity linked to founder Changpeng Zhao.

自2023年6月以來，美國證券交易委員會（SEC）指控二錢在美國未經授權提供金融產品。美國證券監管機構指出出售BNB和BUSD，以及被認為是非法的製定計劃。這也責備binance允許美國加密用戶訪問其主要平台Binance.com，儘管它是理論上禁止的。摩擦的另一點：客戶資金的不透明管理，轉移到了與創始人Changpeng Zhao相關的實體。

In the face of these accusations, Binance denies any ill intent. Both camps had agreed in February to pause the case for 90 days. On April 11, they jointly requested 60 additional days to continue their discussions. This approach suggests that a negotiated solution is seriously considered.

面對這些指控，binance否認了任何不良意圖。兩個營地都在2月同意暫停90天。 4月11日，他們共同要求另外60天繼續討論。這種方法表明，認真考慮了談判解決方案。

Two options are on the table: either an agreement is reached by October and the case closes without a trial, or the parties fail to find common ground and the legal battle resumes. A compromise would provide relief for Binance, but also for the entire crypto market, in search of regulatory stability, especially since the presidential election of 2024.

桌子上有兩個選擇：要么在10月之前達成協議，而且案件未經審判就結束了，要么當事各方未能找到共同的立場和法律鬥爭恢復。妥協將為binance提供緩解，但也可以為整個加密貨幣市場提供監管，以尋求監管穩定性，尤其是自2024年總統大選以來。

A change in attitude is being felt at the SEC, signaled by the acting chairman, Mark Uyeda, who seems more open to engaging with the crypto industry and settling outstanding cases. This contrasts with the previous administration's more aggressive stance.

代理主席馬克·烏耶達（Mark Uyeda）表示，SEC的態度發生了變化，他似乎更願意與加密貨幣行業互動並解決傑出的案件。這與上屆政府更具侵略性的立場形成鮮明對比。

This case could become a model for other companies in the sector facing similar investigations. The way the SEC treats this matter will send a strong signal to the entire ecosystem.

此案可能成為面臨類似調查的行業其他公司的典範。 SEC處理此問題的方式將向整個生態系統發出強烈的信號。

This judicial stay is not trivial, especially at this moment when the SEC is preparing a round table on crypto regulation in the presence of Coinbase. Binance plays a decisive part, just like the SEC, which could lay the groundwork for a new regulatory approach. If both parties find common ground, the entire crypto industry could emerge transformed.

這次司法逗留並不是微不足道的，尤其是在SEC在存在的情況下準備有關加密調節的圓桌會議時。 Binance扮演著決定性的角色，就像SEC一樣，這可以為新的監管方法奠定基礎。如果雙方都找到共同的立場，那麼整個加密貨幣行業都可能會發生變化。