The U.S. Securities and Exchange Commission (SEC) has dropped or closed several investigations and cases against crypto companies, signaling a more favorable regulatory environment for the industry. The SEC has withdrawn its case against Coinbase and paused cases against Binance and Tron, while also closing cases or investigations into platforms such as ConsenSys, OpenSea, Robinhood, Uniswap, and Gemini. This shift in approach comes as SEC Commissioner Hester Peirce leads a new crypto task force and raises questions about how securities law applies to different cryptocurrencies. While the industry sees these developments as early wins, critics argue that the SEC is actively creating an unregulated market for crypto assets, which could pose risks to the broader financial system. Congress is also considering future legislation for the sector, with a focus on stablecoins and the need for clear regulatory frameworks. However, concerns remain about compliance issues and security breaches in the industry.
Content Editor ( coindesk.com )
- 2025-03-01
The SEC's Crypto Course Reversal
