SEC Steps Back from Gensler’s Stringent Crypto Regulations

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SEC Steps Back from Gensler’s Stringent Crypto Regulations

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Arabian Post – The U.S. Securities and Exchange Commission, led by chair Paul Atkins, has officially withdrawn multiple cryptocurrency-related regulatory proposals that were introduced during the previous Gensler administration.

Key Highlights:

  • Reversal marks a shift in regulatory approach towards digital assets.
  • Signals potential easing of oversight on crypto markets.
  • Reflects new leadership’s strategy to balance innovation and investor protection.

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