The U.S. Securities and Exchange Commission (SEC) is reducing its crypto enforcement unit. This move aligns with President Donald Trump’s promise to ease regulations and boost digital asset growth. The agency has reassigned over 50 lawyers and staff members to other departments, with reports labeling some shifts as unfair demotions.
The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements.
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a dedicated crypto task force. The initiative aims to create a clear regulatory framework for digital assets, signaling a major shift in the agency’s approach under the new Trump administration. Acting Chairman Mark Uyeda revealed the plan on
The U.S Securities and Exchange Commission (SEC) has long been a dominant body completely against the crypto industry. All the time the SEC just looks for an opportunity to drag the industry down. However, there exists one commissioner inside the SEC, who stands for the crypto industry profusely. Yes, the
