Late Friday, lawyers at the US Securities and Exchange Commission and Binance filed a joint status report requesting a federal judge to continue a 60-day break in the case for another 60 days.

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The story

We heard about two more Securities and Exchange Commission (SEC) cases this week. The first, Binance and SEC, was last paused in February, although lawyers late Friday asked for another extension to continue discussing cases. Separately, Nova Lab’s accusations decided with the regulator.

Why it matters

As we continue to see SEC develop its new views on questions about digital asset, it is how it deals with its active litigation, a key signal.

Breaks down it

On Friday, lawyers at SEC and Binance (as well as Binance founder Changpen Zhao, Binance.us and other parties) filed a joint movement that asked the federal judge who monitored the case to extend a break originally set to expire Monday with another 60 days.

Originally, SEC said it requested a break to see how the agency’s new crypto -tag force could possibly tackle digital assets and the use of securities laws. Friday’s filing repeated this argument and said the work of the Task Force “can affect” its claims in the ongoing trial. The original break was to end on April 14.

SEC also submitted a proposal for a consent -judgment after apparently a conciliation agreement with Nova Labs, the company behind Helium. According to the proposal, Nova Labs would pay $ 200,000 but would not admit or deny the claims.

SEC first defended Nova Labs in January 2025 – specifically 17 January 2025, three days before Donald Trump was sworn into the office as the 47th US president.

I can imagine that there are more cases or investigations that are being resolved than Coindesk has caught – if you have received a wells message and it is now resolved, you have to look up, we are very curious. You can reply to this E email or reach out to telegram and signal.

• Doj Axes Crypto Unit as Trump’s legislative withdrawal continues: The Department of Justice dissolved his national cryptocurrency -enforcement team and ordered prosecutors not to bring a case where it may find itself to judge what a security or item is in the sector for digital assets. More about this next week.
• Inside North Korea’s favorite crypto -whale washing tool: Thorchain: Thorchain and wallets built on the network have become more and more preferred by North Korean hackers who want to move funds stolen from other crypto projects. The network’s operators have refused to block transactions tied to Bybit theft from February.
• SEC approves Trade with Ether ETF Settings: SEC has not yet approved new exchange-traded products for tokens such as Solana or Litecoin ETFs, but so did Green-Light Ether Etf options that were trading this week.
• New SEC personal statement calls for detailed Crypto -Token information: The latest SEC personal statement that came out a day before its second roundtable discussion focused on the details it is observed in information from Crypto Companies that launch registered security products.
• Atkins confirmed by the US Senate to take over SEC previously driven by Gensler: Speaking of Sec, the Senate confirmed Trump’s nominees to President Paul Atkins, although he had not been sworn in at 1 p.m. 13.00 a Friday.
• Former Ethereum -Developer Virgil Griffith leaves prison, seeking pardon: Virgil Griffith, an Ethereum developer who pleaded guilty to violation of the Sanctions Act and was sentenced to 56 months in prison, has been released to a half -way house and is now looking for a pardon, one of his lawyers said.
• President Trump signs a decision to delete the IRS Crypto rule targeted defi: US President Donald Trump signed the Joint House and Senat’s resolution overturning the IRS ‘Defi Broker Rule under the Congressional Review Act, which means IRS can never result in a similar rule. This is the first crypto -specific, congressed item that Trump has signed since the accession of a milestone for the crypto industry.
• 1 out of 5 transverse chain-crrypto studies involving more than 10 blockchains, elliptical finds: Blockchain Analytics company Elliptic said 20% of its surveys of funds sent across multiple chains now involve at least 10 different networks.
• Ripple and SEC file joint movement about putting appeals on breaks: Ripple and SEC have submitted a joint movement to pause their ongoing appeals and after last month’s announcement that the parties agreed to resolve the matter completely.
• BLOCK AGAINING $ 40 MIO Block and New York Attorney General’s Office determined accusations that Block did not have a fully functioning anti-whitewashing process against money for its cash app.
• Judge Rules Against most of DCG’s proposal to reject the Neekag Civil Securities Wrestling Case: A New York state judge threw two of the New York Court Attorney’s claims against digital currency group and its leaders, but made it possible for most of the case to continue in a late Friday decision.

Wednesday

• 14:00 UTC (10:00 A) House Financial Services Committee held a consultation to discuss questions prior to an expected market structure proposal relating to crypto.
• 18:00 UTC (14:00 ET) The Agricultural Committee of the House also held a hearing on similar topics.

Thursday

• 14:00 UTC (10:00 A) Senate Bank Committee held a confirmation hearing on a number of nominees, including the Federal Reserve Vice Chair for Supervision Nominee Michelle Bowman. While receiving a few questions about reviewing the legislative reaction to the collapse of Silicon Valley Bank, there was nothing material about crypto during the consultation.
• 14:30 UTC (10:30 am a) Court, which oversees the Department of Justice’s case against DO KWON, a status conference held a hearing consultation in which his trial was re -planned for February 2026. Prosecutors said the DOJ memo from earlier this week would have no bearing on the case.

Friday

• 17:00 UTC (13:00 ET) The US Securities and Exchange Commission held its second crypto round table, this time on trade rules. Acting SEC chairman Mark Uyeda suggested in registered comments that the agency could look at a preliminary regulatory framework for businesses until it has several permanent rules in place.

• (Cnn) On Monday, Pseudonymous X (formerly Twitter) released a “90-day break in Customs” that sent the markets sky-high before the White House refused the claim, which may have been based on a mistaken interpretation of the white house-official Kevin Hassett’s answer to a question during a Fox News interview.
• (Cnn) On Wednesday, US President Donald Trump announced a 90-day break in the higher tariffs against most countries, leaving in place 10% tariffs he first announced last week. Tariff prices in China rose to 125% (later clarified to 145%).
• (CNBC) The US stock market had a “historically wild week” with oscillations up and down as dealers responded to the possible effects that new US tariffs may have on global trade.
• (Reuters) The manufacturer of airline bathes Howmet Aerospace, based in Pittsburgh, warned customers that US customs can make it stop some shipments.
• (Bloomberg) Website owners said Google’s new AI-Generated Answer feature has cratered traffic to their sites, though Google denies this.

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See you next week!