SEC Pierce Commissioner wants to be “greater clarity” on encryption

Friday, Coinbase Global (currencyCEO Brian Armstrong announced this The US Securities and Exchange Committee (SEC) intends to drop the lawsuit Against the exchange of encrypted currency. Under the second Trump administration, the government agency is likely to build more friendly regulatory frameworks.

SEC Hester People Sitting with a large Yahoo Finance correspondent Jennifer Shunberger To have an intense conversation about its agency’s position on organizing digital assets such as Bitcoin (BTC-Usd).

“What I hope we can reach is a place we have greater clarity about how we think about things … in an applicable legal framework, and it is compatible with the statute, but it also enables people to discover what … something was classified as without employment Many lawyers and … fear of litigation with them. “

Commissioner Peres is studying the necessary recording to launch encryption products and transformations from the Biden administration policies.

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This post wrote it Luke Carberi Mughan.