In recent weeks, the US has seen significant changes in cryptocurrency regulation, opening new opportunities for the market.
SEC Crypto Task Force Expands Industry Talks
The US Securities and Exchange Commission's (SEC) crypto task force, led by Commissioner Hester Peirce, continues to engage with the digital asset industry. On April 24, the task force held a closed meeting with representatives from Ondo Finance, discussing registration and compliance issues related to tokenized securities.
Federal Reserve Eases Crypto Restrictions
The US Federal Reserve also recently took a step toward easing restrictions on banks engaging with cryptocurrencies and stablecoins by rescinding previous guidance from 2022. The central bank will evaluate all crypto activities through its standard supervisory processes.
New Hampshire Advances Crypto Investment Bill
New Hampshire is advancing a bill that will allow the state to invest up to 10% of its revenues in cryptocurrency. Bill HB 302 has passed committee voting and will be reviewed by the Senate.
The United States is on the brink of significant changes in its approach to cryptocurrency regulation, potentially fostering greater collaboration between government bodies and the crypto industry.
