SEC's Republican commissioners, Hester Peirce and Mark Uyeda, are planning to reform the agency's crypto policies under the new leadership of President-elect Donald Trump. They aim to clarify crypto asset securities classifications and review enforcement cases, potentially pausing or withdrawing some non-fraud litigation. Trump's nominee for SEC Chair, Paul Atkins, is expected to implement more crypto-friendly policies, and Peirce and Uyeda, both former aides to Atkins, will seek public and industry input on crypto token classification. The SEC launched 83 crypto-related enforcement actions under the outgoing Chair Gary Gensler, but the new leadership may rescind certain regulations. However, legal experts warn of potential court challenges and emphasize the importance of holding wrongdoers accountable. Meanwhile, Bitcoin's price neared $100,000 in response to cooling inflation as reflected in the latest CPI report.



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