The task force and its determination to develop clear guidelines marks a significant shift from the SEC’s recent reliance on enforcement actions to make policy regarding cryptocurrency to a more structured regulatory approach.
The US SEC stated that meme coins do not come under 'securities' and are more like a 'collectible,' given its high speculative nature.
CEO Brian Armstrong announced that the US Securities and Exchange Commission (SEC) intends to drop its lawsuit against the cryptocurrency exchange. Under the second Trump administration, the government agency is likely to construct more crypto-friendly regulatory frameworks.
Hester Pierce, the SEC commissioner, promises more clarity and says she's open to permitting staking features for ETH-USD ETFs.
Robinhood said the SEC ended an investigation into its crypto unit, in what appears to be another move by the Trump administration to undo an aggressive approach to that industry.
Robinhood is just the latest company in the mix, announcing on Monday that the Securities and Exchange Commission has closed its investigation into the company and will not pursue an enforcement action.
Industry leaders are leaning into crypto staking. Staking purely as a consensus mechanism to secure a blockchain network should clearly fall outside the securities laws.
Bank of America CEO Brian Moynihan signals the financial industry's shift toward the crypto economy, stablecoins potentially on the horizon.
Crypto Currently News Center With the commencement of the Trump 2.0 Administration, the White House, Congress, agencies and certain states have
SEC commissioner Hester Peirce told Yahoo Finance that she now hopes to provide "greater clarity" for a crypto industry that long argued Washington, D.C., treated it unfairly and inconsistently.
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