The U.S. Securities and Exchange Commission (SEC) conducted its inaugural public meeting of the crypto task force. Led by Commissioner Hester Peirce, the roundtable discussed the applicability of securities laws to digital assets, signaling a potential shift in regulatory approaches under the current administration.
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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.