Acting SEC Chair Calls For Urgent Temporary Crypto Regulations

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-12 08:47:02

Mark Uyeda, the acting chair of the U.S. Securities and Exchange Commission (SEC), has urged for temporary crypto regulations to advance innovation in the U.S. Uyeda made these statements at the SEC’s “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading” roundtable on April 11. Uyeda proposed a fast-tracked, short-term regulatory framework to provide crypto firms with clear guidelines until the establishment of permanent regulations. Uyeda pointed out the benefits of a short-term relief regulatory solution for registered and non-registered companies. The move aims to avoid a patchwork of state laws and harness the potential of blockchain technology to revolutionize financial market transactions.

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