The “new” Trump team on encrypted currencies: Is there a transformation in the future in the future?

On January 21, 2025, the new leadership of the US Securities and Stock Exchange (SEC) announced A business group to develop an organizational framework for encryption principlesAnd that only one day after President Trump’s inauguration. The first big step by the president Donald Trump The new management to redesign the encryption policy.

Under the leadership of the Acting President of the Securities and Exchange Commission, Mark Oida, this initiative represents a great departure from the previous organizational methods that have relied heavily on enforcement procedures, and has registered any new organization for encrypted currencies.

Leadership and delegation of the business squad

Under the leadership of the Chargé d’Affaires of the Securities Authority, the stock exchange, Mark Oida, and the detainees, Hester Peres, The team is the focus of moving from the supervision monitoring to a more cooperative approach. The basic goals of the work team include:

• Developing clear registration paths for encryption assets.
• Formulating reasonable disclosure frameworks.
• Providing clarity about when the distinctive codes are eligible as securities.
• Wise distribution of enforcement resources.

Commissioner Peres, who is scheduled to lead the work squad General participation As the cornerstone of the initiative. The Securities and Stock Exchange (SEC) plans to host general listening sessions and consult with investors, industry participants, academics and other organizational bodies such as the CFTC.

This change in the approach of the Securities and Exchange Commission towards cooperation and public participation is very important to address long -term tension between the encrypted currency industry and the organizers. For many years, the lack of clear guidelines was the cause of suffocation of creativity, deterring institutional participation, and leaving the market participants vulnerable to incompatible implementation.

By creating clear registration paths and transparent disclosure frameworks, the Securities and Exchange Commission may be able to design an organizational environment where companies can work with confidence with ensuring investor protection. It will actually be useful for all market participants. Moreover, the involvement of stakeholders such as industry leaders, academics, and other organizational bodies reflects recognition that effective policies cannot be developed in isolation from others.

This comprehensive approach is not only encouraged compliance, but also helps in determining practical solutions that balance innovation and control. By doing this, the Securities and Stock Exchange Commission indicates its intention to stay away from the interactive implementation strategies and towards a proactive organizational model that can adapt to the rapid development of digital assets.

Industry and organizational independence response

The market response to this organizational transformation was undoubtedly positive, as Bitcoin increased by 3.3 percent to 107,268.27 dollars after the announcement. Industry leaders, including Kraken and Coinbase, have expressed their support for the new direction, and praised it as an end to the “organization through implementation”. Jonathan Yachim, head of global policy in Karakin, praised the initiative and described it as it “A first -meaning first step towards real political solutions.”

Forming the new team for the Securities and Stock Exchange and developing its vision Clear organizational frameworks for encrypted assets It represents a promising step forward for industry and investors alike. For many years, the lack of transparent guidelines created a state of uncertainty, strangling innovation and reducing institutional participation. The organizational environment can provide companies that you need to work effectively while protecting investors through uniform practices. It is a similar approach to the approach adopted in the European Union through the MICA list.

However, the pursuit of clarity and innovation should not come at the expense of the broader political considerations or the implementation of existing laws. Effective organization requires more than just aspective frameworks – it also requires a strong basis for implementation to maintain confidence and integrity in the market, but confidence in the Securities and Stock Exchange Committee is more than anything else.

Reducing enforcement procedures, as proposed by the Trump administration, threatens to create an environment as bad actors may flourish, which ultimately undermines the protection of investors and the broader goal of promoting the adoption of digital assets. A achieving a balance between organizational clarity, innovation and enforcement is essential to achieving market stability in the long run.

Despite the promise of this new direction, there are still many concerns, especially with regard to capabilities Conflict. The timing of the work team announced criticism, coinciding with the launch of the campaign Trump Code $. The severe fluctuations in the distinctive code prices, concentrated ownership (80 % owned by Trump’s entities), and plans to increase the offer from 200 million to 1 billion units raises more concerns about Market safety. Moreover, closed meetings between administration officials and senior bitcoin mining before these ads shed more light on the risks Information is not consistent withWhere the outstanding market participants can get an unprofitable feature.

If the new administration really wants the United States to become the capital of encrypted currencies in the world, it must consider long -term goals and eliminate any real or even possible conflict of interests. The coded currency team needs to work transparently and give priority to the public interest. For the American economy, maintaining the independence and credibility of the Securities and Stock Exchange is vital.

A new era for the organization of cryptocurrencies?

The Trump administration’s position in support of encrypted currencies is a major transformation in the US policy, with the possibility of reshaping the organizational scene. The Securities and Stock Exchange team aims to address the long -standing industry complaints by setting clear rules, enhancing public participation, and reducing the supervision of implementation. However, the influence of the informed of the industry must be addressed and the possibility of poor investor protection without any delay.

The results of this initiative will have far -reaching effects, not only for participants in the encrypted currency market, but also for the broader questions about financial innovation, organizational independence, and the confidence of investors in the digital age. The risks are great, and the world will monitor how this new framework is formed.