The SEC has taken a new approach to cryptocurrency regulation under the leadership of Acting Chair Mark Uyeda. Uyeda initiated a comprehensive review of existing crypto regulatory guidelines and practices, aiming to align with Executive Order 14192’s goals of streamlining regulations and fostering business-friendly environments. This includes examining key documents dating back to 2018, such as the 2018 speech by former SEC official Bill Hinman, which offered a nuanced perspective on classifying crypto assets as securities based on project centralization rather than sales practices. This has sparked renewed interest in revisiting this controversial concept within the crypto sphere. The review also includes analyzing recent documents from the past few years related to market volatility, investor risks, and banking regulations in the digital asset space.