The U.S. Securities and Exchange Commission (SEC) held its first public meeting of the Cryptocurrency Task Force to discuss the application of securities laws to digital assets. This meeting aligns with the Trump administration's plans to revamp cryptocurrency regulations, aiming for a more favorable environment for digital asset innovation.
CROFAM SOCIAL NETWORK
The U.S. Securities and Exchange Commission (SEC) is contemplating revisions or potential elimination of stringent custody regulations introduced during the Biden administration. Acting SEC Chief, Mark Uyeda, highlighted that the broad scope of the existing rules has faced public criticism, prompting the agency to seek more cost-effective regulatory approaches within statutory limits.
