SEC Unveils Sweeping Regulatory Changes for Crypto

The Securities and Exchange Commission (SEC) announced a major overhaul of its crypto oversight policy, marking a significant departure from past enforcement-focused approaches under the previous administration. The proposals aim to create a more streamlined regulatory environment for the cryptocurrency industry while protecting investors. Key changes include: allowing cryptocurrencies to trade on national exchanges and alternative trading systems, introducing new disclosure requirements to reduce compliance burdens, dropping previous legal cases against major exchanges like Coinbase and Binance, and creating exemptions for certain transactions.