Reported 1 day ago
SEC Chair Paul Atkins announced that the agency will now issue preliminary notices of technical violations before taking formal enforcement actions against cryptocurrency firms. This marks a significant departure from the aggressive tactics of former Chair Gary Gensler. Atkins emphasized the need for clearer processes and dialogue, indicating that companies will have time to address issues before enforcement is initiated. The SEC has also established a Crypto Task Force and is moving towards a less adversarial relationship with the digital asset sector.
Source: YAHOO