Eleanor Terrett, a Fox Business reporter, shared some insights recently regarding the Securities and Exchange Commission's (SEC) future plans in the cryptocurrency industry. According to Terrett, the SEC is expected to change its approach under the current administration. SEC commissioners Hester Peirce and Mark Uyeda are planning to prioritize discussions around crypto regulation at an upcoming meeting with The Digital Chamber, a crypto lobbying group. They believe the SEC's previous enforcement actions have created confusion and uncertainty in the market. "The list of priorities for each division within the SEC was part of the new Trump administration’s 100-day agenda," Terrett said. "This move underscores policy changes that the crypto industry sees as helpful to fostering a better relationship between market participants and their regulators." The SEC is expected to focus on providing clearer guidance on crypto regulation. This may involve developing a framework for classifying digital assets and determining which ones are considered securities. The agency is also expected to take a more collaborative approach with the crypto industry, working together to address concerns and promote innovation.

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