The Securities and Exchange Commission (SEC) has taken a more relaxed approach to crypto regulation since the departure of former Chairman Gary Gensler. The SEC, known for its previous aggressive stance against cryptocurrency, is expected to adopt a more supportive stance under new chairman Paul Atkins. This shift is reflected in the SEC’s recent meeting with an altcoin team, involving Ondo Finance (ONDO). 🤝 The team collaborated with the SEC Crypto Task Force, led by Hester Peirce, to propose a regulatory framework for tokenizing publicly traded securities within the United States. 🇺🇸 The announcement of this collaboration has sparked interest in ONDO, leading to a price surge exceeding 10% following the news, pushing its value past $1. While the gains have since subsided, ONDO currently trades around $0.96. 📈 The SEC will hold a roundtable on April 25th focused on custody, involving representatives from Kraken, Anchorage Digital Bank, WisdomTree, and others. Meanwhile, Davis Polk and Wardwell law firm announced their intention to represent Truth Social (Trump’s social media company) in launching crypto-linked ETFs. ⚖️ This news is not intended as investment advice.