The staff of the US stock and values commission. UU. (SEC) is reviewing the orientation related to past cryptography to determine if it still reflects the current priorities of the agency, according to a statement by the interim president Mark Uyeda, published on the Social Network Platform X.
Among several key documents, the Declaration of the SEC personnel on the funds registered in the Law of the Investment Company that invests in the Bitcoin futures market is under review, according to the X Post. Other documents include digital assets “investment contracts” and custody frames. Reviews could lead to more clarifications for regulatory frameworks around the digital asset sector.
Uyeda’s application is related to Executive Order 14192, unleashing prosperity through deregulation and occurs after an Elon Musk Duxt recommendation
It is worth noting that the statement comes from the staff of the SEC and not Commissioner Hester Peirce, which makes it less binding. However, it still shows the disposition of the SEC to relieve pressure on the digital asset sector, since the agency was assumed by the leadership designated by President Donald Trump.
The movement is part of the efforts of the interim president Mark Uyeda to review the cryptographic position of the regulator. That includes throwing most prominent application cases that the agency had followed against digital asset businesses.
Read more: The staff of the United States of the US
