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SEC Regulatory Attitude Shift: A Regulatory Framework for Some Cryptocurrencies Expected This Year
Recently, the U.S. Securities and Exchange Commission (SEC) has made a 180-degree turn in its attitude towards cryptocurrency regulation, moving from a previous 'aggressive' and 'overly' strict stance to a more friendly approach.
Source: Fortune
Republican commissioner Hester Peirce stated in an interview with Fortune magazine that the SEC is establishing a clear regulatory framework, and some of it can be finalized this year.
Peirce mentioned that the SEC recently dismissed or paused multiple lawsuits against major companies such as Binance, Coinbase, and Kraken, and also ended long-standing investigations into Gemini, Robinhood, and Yuga Labs without taking any substantive enforcement actions.
Source: Fortune
Republican commissioner Hester Peirce stated in an interview with Fortune magazine that the SEC is establishing a clear regulatory framework, and some of it can be finalized this year.
Peirce mentioned that the SEC recently dismissed or paused multiple lawsuits against major companies such as Binance, Coinbase, and Kraken, and also ended long-standing investigations into Gemini, Robinhood, and Yuga Labs without taking any substantive enforcement actions.
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