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The U.S. SEC has rolled back several contentious crypto regulations introduced under former Chair Gary Gensler, signaling a more collaborative approach under new leadership. This shift reflects a broader move toward fostering innovation in the digital asset space. Key rules targeting DeFi platforms and custody services have been withdrawn, easing regulatory pressures on the industry.
- The SEC withdrew 14 proposed crypto rules, including those targeting DeFi platforms and strict custody requirements for investment advisors.
- New leadership under Paul Atkins has closed investigations into major crypto firms like Coinbase and Kraken, signaling a regulatory shift.
- Scrapped rules like SAB 121 ease barriers for institutional crypto custody, paving the way for more secure digital asset services.
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