Editor's PiCK
"SEC to Consider Easing Cryptocurrency Regulations After Trump Administration Takes Office... Some Lawsuits May Be Withdrawn"
JH Kim
Summary
- It was reported that after the Trump Administration takes office, the SEC plans to overhaul cryptocurrency policies.
- The SEC announced that it plans to establish guidelines to clarify the criteria for considering cryptocurrencies as securities.
- It was also reported that there is a possibility of withdrawing some pending cryptocurrency-related lawsuits.
On the 15th (local time), Reuters, citing multiple sources, reported that "with the inauguration of President-elect Donald Trump, the Securities and Exchange Commission (SEC) is preparing to overhaul cryptocurrency policies as early as next week."
It continued, "This measure is expected to include the establishment of guidelines to clarify the criteria for the SEC to consider cryptocurrencies as securities," and "there is also the possibility of withdrawing some pending cryptocurrency-related lawsuits after review."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
