Binance vs SEC：高风险冲突中的战略停顿

随着Binance和SEC之间的拔河舰塑造了美国加密法规的未来，双方都要求新的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之间的拔河战继续塑造了美国加密监管的未来。由于双方都要求新的60天司法逗留，因此发出了强烈的信号，暗示了监管机构内部可能的战略转变，并可能签署了双方之间达成协议的签名。

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月以来，美国证券交易委员会（SEC）指控二钱在美国未经授权提供金融产品。美国证券监管机构指出出售BNB和BUSD，以及被认为是非法的制定计划。这也责备binance允许美国加密用户访问其主要平台Binance.com，尽管它是理论上禁止的。摩擦的另一点：客户资金的不透明管理，转移到了与创始人Changpeng Zhao相关的实体。

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.

面对这些指控，binance否认了任何不良意图。两个营地都在2月同意暂停90天。 4月11日，他们共同要求另外60天继续讨论。这种方法表明，认真考虑了谈判解决方案。

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.

桌子上有两个选择：要么在10月之前达成协议，而且案件未经审判就结束了，要么当事各方未能找到共同的立场和法律斗争恢复。妥协将为binance提供缓解，但也可以为整个加密货币市场提供监管，以寻求监管稳定性，尤其是自2024年总统大选以来。

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.

代理主席马克·乌耶达（Mark Uyeda）表示，SEC的态度发生了变化，他似乎更愿意与加密货币行业互动并解决杰出的案件。这与上届政府更具侵略性的立场形成鲜明对比。

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.

此案可能成为面临类似调查的行业其他公司的典范。 SEC处理此问题的方式将向整个生态系统发出强烈的信号。

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.

这次司法逗留并不是微不足道的，尤其是在SEC在存在的情况下准备有关加密调节的圆桌会议时。 Binance扮演着决定性的角色，就像SEC一样，这可以为新的监管方法奠定基础。如果双方都找到共同的立场，那么整个加密货币行业都可能会发生变化。