Official SEC announcements and regulatory updates

Trump's Election Promises Major SEC Crypto Regulation Rollback, Ending 'War on Crypto' Under Gensler

Nov 9, 2024, 01:44 AM

Following Donald Trump's recent electoral victory, significant changes in cryptocurrency regulation are anticipated. Trump's administration is expected to prioritize a rollback of the current enforcement measures by the Securities and Exchange Commission (SEC), particularly those implemented under Chair Gary Gensler. This shift aims to foster a more favorable regulatory environment for the crypto industry. SEC Commissioner has expressed support for Trump's vision to end what he termed the 'War on Crypto.' The potential appointment of pro-crypto figures to key positions within the SEC is also being discussed, suggesting a transformative period for cryptocurrency regulation in the United States.