The article discusses the regulatory shifts within the US Securities and Exchange Commission (SEC) in relation to digital assets. It highlights the previous stringent approach toward cryptocurrencies under former SEC Chair Gary Gensler, which deterred many startups from entering the space. However, with Gensler's resignation and the appointment of Paul Atkins as his successor, as well as the establishment of a dedicated Crypto Task Force, there is optimism for a more business-friendly regulatory environment. The article also mentions past incidents where crypto businesses faced legal trouble with the SEC, but concludes that the regulatory situation is undergoing changes that suggest an easing of the strict environment that led to the shutdown of several crypto startups.



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