SEC Commissioner Hester Peirce has criticized the prior reliance on enforcement over clear regulation in the crypto space. She emphasizes the need for a defined framework that supports innovation without compromising security, signaling potential regulatory shifts under the current administration.
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.
