“This Review is Part of Efforts to Ease Regulatory Pressure on the Digital Assets Sector and May Lead to New Regulatory Framework.”, – WRITE: www.coindesk.com
Among Several Key Documents, The Sec Staff’s Statement on Funds Registered Undeer The Investment Company Act Investing in the Bitcoin Futures Market Is Under Review, Accounting To The X Post. Other Documents Include Digital Assets “Investment Contracts,” and Custody Frameworks. The Reviews Could Result in More Clarification for Regulatory Frameworkrs Aund the Digital Assets Sector.
The request from uyeda is Related to Executive Order 14192, Unleashing Prospherity Through Deregulation and Comes After A Recommendation from Musk’s Doge
IT IS WORTH NOTING THAT IS Coming from Sec Staff and Not from Commissioner Hester Peirce, Making IT LESS Binding. However, IT Still Shows the Sec’s Willingness to Ease Pressure on the Digital Assets Sector Since the Agency Was Taken Over by President Donald Trump-ppointed Leadership.
The Move Is Part of Interim Chairman Mark Uyeda’s Efforts to Overhaul The Regulator’s Crypto Position. That includes threewing Out most of the right enforcement caases the agency have pursued against Digital Asset Businesses.
Read More: US Sec Staff Clarifies That Somepto Stablecoins Aren’t Securities
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