18 Republican-led states have hit pause on their lawsuit against the SEC over crypto regulation. The reason? A change in the Commission’s leadership. There’s hope the conflict might be resolved without going to court
The court gave both sides 60 days to negotiate and ordered a progress update within 30 days
The lawsuit was originally filed in November 2024. The states accused the SEC of overstepping its authority and interfering with local laws regulating crypto companies
While Congress continues to debate new legislation on digital assets, uncertainty still hangs over the crypto market