Has SEC under Trump asked to look the other way on Crypto?
After maintaining a so-called overtly hostile stance against crypto industry under President Biden administration, the U.S. Securities and Exchange Commission (SEC) is now shifting its gears under the new leadership. Speculations are rife that the crypto stalwarts in U.S., who are deemed close to President Donald Trump’s inner circle, are now reportedly going to get leeway from the regulatory agency’s clutches.
Under Trump administration, the S.E.C. will focus more on traditional finance cases including those involving insider trading cases, fraud targeting older people, and issues with accounting and disclosures. Furthermore, they will also focus on cases involving emerging technologies and retail investor fraud. It’s like…
