SEC staff to reassess crypto advice from the time of Biden in the middle of the regulatory reshuffle

The staff of the Securities and Exchange Commission (SEC) of the United States examines the prior guidelines linked to cryptography to determine if it still reflects the current priorities of the agency, according to a press release from the acting president, Mark Uyeda, published on the social media platform X.

Among several key documents, the DEC Declaration of SEC personnel on funds registered under the investment company law investing in the Bitcoin term contract market is being examined, according to the X Post. Other documents include digital assets “investment contracts” and childcare managers. The journals could lead to greater clarification of regulatory frameworks around the digital asset sector.

Uyeda’s request is linked to executive decree 14192, releasing prosperity by deregulation and comes after a recommendation from Elon Musk Doge

It should be noted that the declaration comes from the staff of the dry and not from Commissioner Hester Peirce, which makes him less restrictive. However, this always shows the will to relieve the pressure on the digital asset sector, because the agency was taken up by the leadership appointed by President Donald Trump.

This decision is part of the acting president’s efforts, Mark Uyeda, to revise the regulator’s cryptography position. This includes throwing most of the eminent application cases that the agency had exerted against digital asset companies.

Read more: dry American staff specifies that certain stablescoins crypto are not titles

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