A new administration may adopt a more lenient approach to crypto regulation under the SEC.
Industry leaders argue that the SEC’s current regulatory framework is outdated and rigid.
Experts hope future SEC enforcement actions will better distinguish fraud from legitimate firms.
The SEC’s approach to regulating crypto assets could shift significantly under the new Donald Trump administration. The latest political developments and increasing demands for a reform in digital asset oversight suggests that less restrictive policies are underway.
SEC’s Aggressive Stance Under Gary Gensler
The Securities and Exchange Commission (SEC) has pursued a strict regulatory approach, categorizing many digital assets as unregistered securities under the purview of existing financial laws. Gary Gensler, for one, had led numerous enforcement actions against crypto firms, accusing them of sidestepping established legal requirements.
John Stark, a former SEC official with nearly 20 years of experience, observed that these actions reflect the agency’s strict interpretation of securities laws under Gensler’s leadership.
FYI, stick a fork in the SEC, it’s done. https…
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