SEC Staff Reviews Past Crypto Guidance for Regulatory Alignment

The U.S. Securities and Exchange Commission (SEC) is reviewing past crypto-related guidance to align with current priorities, as stated by acting chairman Mark Uyeda on social media.

  • Key documents under review include the SEC's statement on funds registered under the Investment Company Act related to bitcoin futures.
  • Other topics include digital assets classified as "investment contracts" and custody frameworks.
  • Reviews may lead to clearer regulatory frameworks for the digital assets sector.
  • This initiative follows Executive Order 14192 aimed at deregulation.
  • The statement reflects a shift in the SEC's approach towards easing regulations on digital assets since new leadership was appointed.
  • Uyeda's efforts include reconsidering previous enforcement actions against digital asset businesses.