SEC Overhauls Crypto Enforcement: Mixed Reactions from Industry

Reported 2 days ago

The U.S. Securities and Exchange Commission (SEC) has drastically altered its approach to cryptocurrency enforcement, dismissing several high-profile cases and shifting towards a more welcoming regulatory environment. Following the departure of former chair Gary Gensler, the SEC has paused actions against major players like Coinbase and Binance, leading to optimism among crypto executives who believe this could foster innovation and restore opportunities in the U.S. market. However, experts caution that while the SEC may soften its stance, enforcement against fraud and market misconduct will continue.

Source: YAHOO

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