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The American Securities and Exchange (SEC) commission can revise or abandon the controversial proposal of former President Gary Gensler who would tighten the standards for the cryptography for investment advisers.

Under the two years of peopleler proposalThe SEC has sought to extend the rules of the federal guard to include assets such as crypto, forcing the advisers in place to hold customer assets with qualified guards, such as federal or state in charge banks.

In his Remarks During an investment conference in San Diego on Monday, president of the acting dry Mark Uyeda Recognized “important concerns” raised by industry commentators on the “large extent” of peopleler’s proposal.

“Given such a concern, there may be important challenges to continue the initial proposal,” said Uyeda.

The regulator mentioned that he had ordered the SEC staff to work with the agency’s cryptography working group to explore the alternatives, in particular by completely removing the rule.

The management of the former president of the SEC was defined by rigorous crypto surveillance, but his resignation Before Trump took up his duties marked a pivot in the regulatory direction of the dry.

The position of the dry on the crypto has moved considerably under the direction of President Donald Trump, with a more lenient and collaborative approach replacing the hostile regulatory posture of the Biden administration.

With Uyeda now at the helm, the SEC recuisdicted several major policies of the era of peopleler, including the controversial cryptographic regulations, which led to a trial by 18 states Before his departure.

Changes include rethink The extended definition of “exchanges” and the cessation of the application of certain rules which targeted cryptographic companies.

The dry under Trump too revoked The Staff Accounting Staff rule (SAB) 121 which required companies to have cryptographic assets to record them as responsibilities on their balance sheets.

The regulator has since abandoned application measures against large cryptography companies, in particular Binance,, KrakenAnd JammingAmong other things, reporting a major relief from legal battles and uncertainty that has tormented industry in recent years.

In accordance with the Trump administration approach to crypto regulation, an important crypto initiative was the formation of a dedicated Crypto working group Directed by the commissioner “Crypto Maman” Hester Peirce.

The working group is responsible for working in close collaboration with the cryptography industry, with its inaugural round table, “how we arrived here and how we go out – defining security status”, ” program Stop this Friday.

Edited by Sebastian Sinclair

The American Securities and Exchange (SEC) commission can revise or abandon the controversial proposal of former President Gary Gensler who would tighten the standards for the cryptography for investment advisers.

Under the two years of peopleler proposalThe SEC has sought to extend the rules of the federal guard to include assets such as crypto, forcing the advisers in place to hold customer assets with qualified guards, such as federal or state in charge banks.

In his Remarks During an investment conference in San Diego on Monday, president of the acting dry Mark Uyeda Recognized “important concerns” raised by industry commentators on the “large extent” of peopleler’s proposal.

“Given such a concern, there may be important challenges to continue the initial proposal,” said Uyeda.

The regulator mentioned that he had ordered the SEC staff to work with the agency’s cryptography working group to explore the alternatives, in particular by completely removing the rule.

The management of the former president of the SEC was defined by rigorous crypto surveillance, but his resignation Before Trump took up his duties marked a pivot in the regulatory direction of the dry.

The position of the dry on the crypto has moved considerably under the direction of President Donald Trump, with a more lenient and collaborative approach replacing the hostile regulatory posture of the Biden administration.

With Uyeda now at the helm, the SEC recuisdicted several major policies of the era of peopleler, including the controversial cryptographic regulations, which led to a trial by 18 states Before his departure.

Changes include rethink The extended definition of “exchanges” and the cessation of the application of certain rules which targeted cryptographic companies.

The dry under Trump too revoked The Staff Accounting Staff rule (SAB) 121 which required companies to have cryptographic assets to record them as responsibilities on their balance sheets.

The regulator has since abandoned application measures against large cryptography companies, in particular Binance,, KrakenAnd JammingAmong other things, reporting a major relief from legal battles and uncertainty that has tormented industry in recent years.

In accordance with the Trump administration approach to crypto regulation, an important crypto initiative was the formation of a dedicated Crypto working group Directed by the commissioner “Crypto Maman” Hester Peirce.

The working group is responsible for working in close collaboration with the cryptography industry, with its inaugural round table, “how we arrived here and how we go out – defining security status”, ” program Stop this Friday.

Edited by Sebastian Sinclair

The American Securities and Exchange (SEC) commission can revise or abandon the controversial proposal of former President Gary Gensler who would tighten the standards for the cryptography for investment advisers.

Under the two years of peopleler proposalThe SEC has sought to extend the rules of the federal guard to include assets such as crypto, forcing the advisers in place to hold customer assets with qualified guards, such as federal or state in charge banks.

In his Remarks During an investment conference in San Diego on Monday, president of the acting dry Mark Uyeda Recognized “important concerns” raised by industry commentators on the “large extent” of peopleler’s proposal.

“Given such a concern, there may be important challenges to continue the initial proposal,” said Uyeda.

The regulator mentioned that he had ordered the SEC staff to work with the agency’s cryptography working group to explore the alternatives, in particular by completely removing the rule.

The management of the former president of the SEC was defined by rigorous crypto surveillance, but his resignation Before Trump took up his duties marked a pivot in the regulatory direction of the dry.

The position of the dry on the crypto has moved considerably under the direction of President Donald Trump, with a more lenient and collaborative approach replacing the hostile regulatory posture of the Biden administration.

With Uyeda now at the helm, the SEC recuisdicted several major policies of the era of peopleler, including the controversial cryptographic regulations, which led to a trial by 18 states Before his departure.

Changes include rethink The extended definition of “exchanges” and the cessation of the application of certain rules which targeted cryptographic companies.

The dry under Trump too revoked The Staff Accounting Staff rule (SAB) 121 which required companies to have cryptographic assets to record them as responsibilities on their balance sheets.

The regulator has since abandoned application measures against large cryptography companies, in particular Binance,, KrakenAnd JammingAmong other things, reporting a major relief from legal battles and uncertainty that has tormented industry in recent years.

In accordance with the Trump administration approach to crypto regulation, an important crypto initiative was the formation of a dedicated Crypto working group Directed by the commissioner “Crypto Maman” Hester Peirce.

The working group is responsible for working in close collaboration with the cryptography industry, with its inaugural round table, “how we arrived here and how we go out – defining security status”, ” program Stop this Friday.

Edited by Sebastian Sinclair