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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.