Trump’s New SEC Leadership Ready To Begin Crypto Overhaul – Reuters
Top Republican officials at the U.S. Securities and Exchange Commission (SEC) will begin revising cryptocurrency policies as early as next week, immediately after Donald Trump takes office, Reuters reported, citing sources briefed on the matter. SEC commissioners Hester Peirce and Mark Uyeda are considering the measures that would start the process of creating guidance or rules to clarify when the agency deems a cryptocurrency to be a security, it said. They are also reviewing pending crypto enforcement cases in the courts, and some may be frozen, the story added. Trump to overhaul crypto policy at SEC and may freeze enforcements – Reuters pic.twitter.com/25VzeNCbpE — BALU (@balubalucoin) January 15, 2025 Crypto regulations under the Biden administration, characterized by strict oversight, are expected to change with the incoming Trump administration. Led by Paul Atkins, a former agency commissioner and Trump’s nominee for SEC chair, the SEC leadership focus will...