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- SEC Mark Oida Chairman reviews the previous regulatory data for encryption as part of the Executive Order 14192.
- The review aims to amend or cancel data to comply with the current SEC priorities.
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Mark Oida, Acting President of the United States, directed employees to review many regulatory data guidance On the analysis of the investment contract for digital assets and the treatment of future contracts for Bitcoin under the investment company law.
Other main documents under review are letters of disclosure of the encryption market, digital censorship of assets, and nursery standards associated with Wyoming’s speech without taking action, according to a statement on April 5, published on the SEC account of the SEC.
A statement by the Acting Chairman Mark Oida: According to the Executive Order 14192, unleashing prosperity by canceling the restrictions, as well as recommendations from Duji, who asked the employees of the Securities and Stock Exchange Committee immediately to review the following employee data.
The American Securities and Stock Exchange Committee (SECOGO) April 5, 2025
The action is taken under Executive Order 14192Entitled “The launch of prosperity by canceling the restrictions, and recommendations from the Ministry of Governmental efficiency (DOGE).
President Trump issued the matter on January 31, with the aim of reducing the regulatory burdens on companies and individuals in the United States. The executive matter of federal agencies is encouraged to reduce unnecessary regulations that can suffocate innovation or economic growth.
The matter aims to regulate regulatory declines through the mandate of “10-FOR-1”, which requires federal agencies to eliminate at least ten rules for each proposed new rule. It represents a sharp escalation from the “2-For-1” policy that was implemented during the first period of Trump.
SEC’s review can lead to simplified or illustrated rules for encryption companies, or perhaps less than supervision depending on the result.
“The purpose of this review is to determine the employees’ data that should be modified or canceled in a manner consistent with the current agency’s priorities,” Ida said.
According to the second Trump administration, the Securities and Stock Exchange Committee is expected to submit many changes in its priorities and organizational approach. The organizer adopts a more encryption approach compared to previous departments.
During the past few weeks, the Supreme Education Council has rejected suspended issues against major encryption companies such as Coinbase, Conssys and Kraken, to name a few.
SEC Covered STALCOINS states are not securities
Securities monitoring also clarifies the state of various encryption assets, determining securities that are not.
On April 4, the Supreme Education Council Declare This covered stablecoins, such as the USDT from Tether and Circle’s Usdc, is not categorized as securities.
These distinctive symbols, fully supported by FIAT reserves or liquid tools, will not require 1: 1 in US dollars, treatment reports with the committee.
Stablecoins standards excludes algorithm that uses programs to connect the dollar. The guidelines also adhere to Stablecoin from the mixing of reserves with operational funds or to provide returns to the owners of the distinctive symbol.
With the possibility of driving Paul Atkins Paul Atkins, there may be a more absorbing position on digital assets. Market monitors hope that the appointment of Atkins will lead to more approvals on investment funds circulating in digital assets.
Senate Banking Committee on Thursday consent Paul Atkins is nominated as President of the United States of America, where procedures are transmitted to a full Senate vote.
Atkins can assume his position shortly after his confirmation by the Senate.
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