Trump Administration to Revamp U.S. Crypto Regulations
- The SEC, under new leadership, plans to reassess crypto enforcement actions.
- Hester Peirce and Mark Uyeda will focus on cases without fraud allegations.
- The SEC has pursued at least 83 crypto-related enforcement actions under previous leadership.
- Proposed changes aim to lower barriers for institutional participation in the crypto market.
- Bitcoin advocate Anthony Pompliano suggests repealing SAB 121 and reforming tax codes.
The incoming Trump administration is set to overhaul cryptocurrency regulations, with the SEC focusing on revising enforcement actions and reducing barriers for institutional involvement in digital assets.
