SEC Chair Mark Uyeda announced a review of digital asset guidelines including Dogecoin, focusing on asset custody standards.
Overview of SEC's Guideline Changes
Mark Uyeda announced a review of the SEC’s digital asset frameworks on April 6, 2025, including DOGE. This action aims to align existing staff statements with current agency priorities under Executive Order 14192. Attention is also given to guidance such as Wyoming’s asset custody rules.
Market and Historical Context of Regulatory Changes
Wyoming's approach continues to influence how digital assets are handled, prompting federal evaluations like those initiated by the SEC. Currently, Dogecoin is trading at $0.17 with a market cap of $24.99 billion and a market dominance of 0.94%. Over the past 24 hours, the price has decreased by 1.86%, and trading volume has fallen by 52.4% due to volatility.
Prospects for Digital Assets
Insights from Coincu research suggest potential shifts in the stability of digital assets due to regulatory updates. Historical trends show how SEC actions have often catalyzed market volatility, impacting investor strategies and asset popularity. Aligning frameworks with emerging technologies might forecast adaptations in the financial sector.
The review of SEC guidelines indicates significant changes in digital asset regulation that may affect the market and investor strategies.
