Hester Paris, a member of the US Securities and Exchange Commission (SEC), made some suggestions for lasting changes in the crypto regulation with potentially different views between the administration.
Addressing the DC Blockchain Summit on March 26, Pierce, who is the head of the SEC’s Crypto Task Force, said he expects the Commission to create further “stability” for digital assets rules through governance and legislation in Congress. According to the SEC Commissioner, such principles and laws will be contrary to the guidance issued by the agency, as a recent statement states that Memocrats are not eligible for securities.
“I hope people will not sit around thinking about the test test,” Commissioner Paris said in direction of the SEC. “Your lawyers have to think about these things, I am not saying that they will not be relevant, but it should not be the kind of thing that is deciding to build you. I want to have a lot of explanation on what we have in our jurisdiction and then, if that happens, how can you move forward?”
SEC Commissioner Hyster Paris addresses the DC Blockchain summit on March 26. Source: Rod
Paris’s remarks came when the SEC has left several investigations or implementation operations against major crypto firms, including coins, rapes, crackers and incredible. Some people have seen the change of commission in policy under acting chair Mark Yeda as US President Donald Trump’s attempt to leave the agency’s cases against firms supporting his 2024 campaign.
Related: SEC is planning 4 more crypto round tables on trade, custody, tufts, defect
Since the 119th meeting of the Congress began in January, legislators have suggested that they intend to move forward with the market structure bill, which clarifies the role of the SEC and the Community Future Trading Commission, which will increase more than digital assets. On his third day, Trump signed an executive order that established a working group, among other things, will also discover a regulatory framework for Stable Queens.
https://www.youtube.com/watch?v=motp6j8yszs
Is there a new SEC chair on the horizon?
Paul Atkins, who was nominated by Trump as the SEC Commissioner in December, will appear before US lawmakers in the Senate Banking Committee on March 27 and will probably answer questions about his views on Crypto Regulation. Many people in the crypto industry have identified support for the former commissioner, who has assets in the real -world asset to the Tokinization platform securities and control a consulting firm affiliated with the FTX.
If their nominations move forward by the Banking Committee, it is unclear whether the full Senate will vote for the end of the period in 2031 to confirm the Attaks. He is expected to take over as SEC Chair from Commissioner Yewa.
Magazine: SEC’s U -Turn on Crypto does not answer key questions
