John Reed Stark, a former SEC official, stated that the SEC is shifting its enforcement approach under the new administration, pausing or even withdrawing crypto-related appeals, which signals a friendlier regulatory climate for digital asset markets

Claim

Quotes that support claims

The SEC’s dismissal of the Coinbase and Robinhood cases points toward the favorable regulatory environment promised by the current US administration
Under the new leadership, the SEC has vowed to lower its enforcement actions against crypto, and this is materializing
Expect all crypto-related appeals, including the appeal of the Ripple matter, to pause or even more likely, to be fully withdrawn

Related people

Donald Trump
John Reed Stark

Related projects

Robinhood
Ripple
U.S. Securities and Exchange Commission (SEC)

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Crypto news

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