Cryptocurrency regulation in the US could undergo significant changes with the new administration. This article discusses the current and potential approaches to digital asset oversight.
SEC’s Aggressive Stance Under Gary Gensler
The US Securities and Exchange Commission (SEC) has pursued a strict regulatory policy regarding digital assets. Under Gary Gensler, many cryptocurrencies have been classified as unregistered securities. Gensler led numerous enforcement actions, accusing crypto firms of violating laws.
Potential Changes Under New Administration
The new administration might adopt a more lenient approach to crypto regulation. Recent political developments and increasing demands for reforms suggest possible changes toward less restrictive policies.
Experts’ Hopes for Future Crypto Policies
The industry hopes future SEC actions will better distinguish fraud from legitimate firms. Industry leaders argue that the current regulatory framework is outdated and needs revision.
The future of cryptocurrency regulation in the US depends on new policy directions that the administration might introduce. This could lead to easing regulatory requirements and clearer differentiation between legitimate and illegitimate market participants.
