Certainly, a new era of cryptocurrency regulations is about to be discovered as the US Securities and Stock Exchange Commission (SEC) confirmed that the agency will move in the opposite direction of strict supervision policies.
SEC Hyster Peres Commissioner said that the organizational body under the Trump administration will be taken A more supportive approach to sulfate To digital assets, transformed from previous enforcement measures taken against encrypted currency players.
More organized policies
in Bloomberg TV TV interviewPierce said that the organizational body will go away from an approach that focuses on enforcement to oversee the country Coded The sector, adding that the focus now on the agency is to create clear guidelines governing encrypted symbols.
Source: Bloomberg Crypto TV
SEC Commissioner admitted in a statement that previously, the state organizer was based on enforcement procedures for regulating the digital asset industry, noting that the approach deviated from the SEC policy -making function.
She pointed out that SEC under Trump's leadership aims to formulate more Organized encryption organization A frame of enforcement measures.
“During the past few years, enforcement cases have been used as a means of taking organizational policy; this is very atrocity. We are trying to return to a path where we really use our other tools to make politics.”
No more encryption war?
Pears confirmed that the government has ended the so -called war against cryptocurrencies.
We have used enforcement cases to develop organizational policy. “We are trying to shift from that, so we actually put the policy, then we present enforcement issues as needed,” SEC Commissioner said in an interview.
She said that the Supreme Education Council has a continuous review of a state agency that has a jurisdiction of encryption and determines the organizational gaps that the US Congress must address.
For several years, there was a continuous debate on whether the organization of cryptocurrencies is a SEC job or should be the responsibility of the CFTC: CFTC:
“We are working to consider our judicial jurisdiction that we currently have and say what falls within this judicial jurisdiction and what falls outside this judicial jurisdiction, then we can refer to Congress where we believe that there are gaps where something may not be covered by our jurisdiction has made clear.
The encryption workplace
Reports stated that Pears will lead a coding workplace under the supervision of SEC, adding that the output of the workplace will be a clear organizational framework.
According to analysts, the SEC business team will evaluate cryptocurrencies that must be classified as stock The agency's jurisdiction is evaluated in the digital asset market.
Earlier, US President Donald Trump has signed an executive order establishing a consulting committee on encrypted currency regulations. Trump is also studying the creation of a national encryption stock.
PEIRCE is a well -known supporter of the Bitcoin Stock Exchange (ETFS) and was against the enforcement measures taken by SEC against digital asset companies.
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