The post SEC’s New Rules: Will Crypto Firms Face Fewer Crackdowns Now? appeared first on Coinpedia Fintech News
In what could be the most eventful week in crypto history, we’ve seen many ups and downs, policy changes, and even a trade war brewing.
Among the biggest headlines, the U.S. SEC has introduced a major shift in its approach to regulation, and it could change everything for the crypto industry. With new rules requiring staff to seek approval from top officials before launching investigations, this change comes after Gary Gensler’s departure and Mark Uyeda stepping in as Acting Chair.
So, what does this mean for crypto companies and investors, and how might it affect ongoing cases, like the Ripple vs. SEC case? Let’s take a closer look.
Changes to SEC Enforcement Process
Under the old system, SEC enforcement staff could start investigations on their own. But with the new rules, they must now seek approval from politically appointed commissioners before issu
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