SEC Commissioners Push for Clearer Crypto Rules Ahead of Trump Administration

Hester Peirce and Mark Uyeda, Republican members of the Securities and Exchange Commission (SEC), are reportedly evaluating ongoing enforcement actions against cryptocurrency firms.

They are exploring steps to establish clearer guidelines on when cryptocurrencies are classified as securities, anticipating changes under the incoming Trump administration.

According to sources cited by Reuters, Peirce and Uyeda may begin this regulatory process even before Donald Trump’s SEC chair nominee, Paul Atkins, is officially confirmed. Both commissioners have prior experience working under Atkins, which is expected to facilitate a smooth collaboration as they discuss potential shifts in crypto policy.

Additionally, there are reports that the SEC might pause certain litigation cases, particularly those unrelated to fraud allegations. This potential freeze has garnered attention from industry figures, including crypto entrepreneur Justin Sun, who posted a cryptic “👀” on X, seemingly reacting to the news.

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Sun, currently embroiled in an SEC lawsuit, recently acquired a significant stake in Trump-endorsed crypto project World Liberty Financial, where he was subsequently named an advisor. As part of his new role, Sun plans to attend events related to Liberland, the self-proclaimed microstate where he serves as prime minister, during Trump’s inauguration week.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.