Judge pauses 18-state lawsuit against SEC, saying it could ‘potentially be resolved’

The 18-state lawsuit against the SEC, originally filed last November, accuses the agency of exceeding its authority in regulating the crypto market without established rules. This legal battle reflects broader concerns about the SEC’s approach to digital assets.

Following the Trump administration’s shift in SEC leadership, the agency is moving toward a more accommodating stance towards crypto. Recent developments include a new crypto task force, indicating a potential change in enforcement strategy.

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