COINBASE COINBASS FOR AX RULE OF BANKING PERSONS FOR MAINTENANCE CRIPTO

Coins called the US government office Etics to remove the security rule of securities and the Commission Exchange staff from holding crypto.

SEK staff must use the CRIPTO to better understand how the best way to regulate it, the waiter’s chief legal officer Paul Graval overturn In open letters sent to Oge acting director Jamieson Greer and New Oath SEC Chair Paul Atkinswho shared at X 25. April.

“Regulate technology, you need to understand it. To understand the technology, you must use it,” Graval said in a greer letter.

“Permission staff to retain a cropto is essential for them to develop knowledge necessary for proposing and adopting processing regulatory frameworks for digital securities activity,” he added.

Legal counseling 22-04, issued 4. July 2022, by OGE, prohibits the staff sector to buy, sell or otherwise using crypto and stablechoine, because they are not “public trading securities” and not qualify for the exception, unlike inventory.

SEC needs staff disclaimers

Graval said American President Donald Trump He directed Sex and other agencies to submit recommendations for Crypto regulations for regulations about 90 days, and SEC “Staff still cannot use technology to recommend recommendations.”

According to his letter Atkins and Commissioner Sec Hester Peirce, he echoed a similar feeling, claiming that the impossibility of holding crypto is the blockade of the Agency CRIPTO WORKING GROUP in creating a regulatory framework.

Although he abolishes an advisory, SEC would be abolished, SEC should take over his action, Graval said.

“For example, the issuance of waivers on the members of the Crypto Working Group and other staff actively work on the workgroup’s issues would be in line with measures already undertaken in accordance with these advisory advisory situations,” he said.

Related: FIA COINBASE FOIA to see how sec ‘war on the cripto’ cost

Graval added that the waiver will allow SEC staff to the CRIPTO workgroup responsible for creating crypto regulations that will use the crypto and “assess basic digital asset technology”.

Former Secal Chair Gari Gensler, who took office in 2021. years, was known for his stubborn attitude on the Cripto regulation. He Other fragrant 20 January After passing an an Aggressive regulatory attitude towards CRIPTOAdoption according to 100 regulatory actions against companies.

Following Gensler’s exit, SEC decided from quarrels for couplings, including coinbase, 27. February and new Hodnikovac for a period of 24. April, marked plans to turn out her implementation against Blockian company DragonChain.

Journal: Bitcoin $ 100K Hope Situ, SBF Mysterious Prison Movement: Hodler’s Digest, 20. – 26. April