SEC: US Crypto Industry Needs Quick Fix, Long-Term Solution Later | CryptoTvplus
Uyeda says the U.S. crypto sector needs a quick fix for now, with comprehensive solutions to follow later.
Mark Uyeda, the Acting SEC Chair, encouraged the crypto community to provide input on where exemptions to current rules might be appropriate.
Uyeda noted that a fast-track, short-term crypto framework could fuel innovation in the industry as the U.S. continues working on permanent regulatory solutions.
“A time-limited, conditional exemptive relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States in the near term,” Uyeda said at the SEC’s April 11 Crypto Task Force roundtable titled “Between a Block and a Hard Place: Tailoring Regulation…
