SEC’s Crypto Crackdown: What This Game-Changing Shift Means for Your Investments and the Future of Digital Finance
Nevertheless, leaders at the SEC are signaling they are willing to make exceptions in how crypto and similar assets are regulated. “When unique aspects of a technology warrant changes to existing rules or where regulatory requirements are outdated or unnecessary, we stand ready to work with market participants to craft appropriate exemptions and modernize rules,” Peirce commented. In remarks delivered at a panel event in June, Mark T. Uyeda, another Republican commissioner at the SEC, warned that developing proper regulation for crypto and “will likely be frustrating, and may move in fits and starts.”
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