– Republicans Peirce and Uyeda to kick off crypto changes
– Pair are weighing freezing some enforcement actions
– Expected to call for feedback on potential new regulations
WASHINGTON, Jan 15 (Reuters) – Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin overhauling the agency’s cryptocurrency policies potentially as early as next week when President-elect Donald Trump takes power, said three people briefed on the matter.
Among the measures commissioners Hester Peirce and Mark Uyeda are weighing are initiating the process that would ultimately lead to guidance or rules clarifying when the agency considers a cryptocurrency to be a security, and reviewing some crypto enforcement cases pending in the courts, two of the people said.
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