<ul><li>Acting SEC Chairman Mark T Uyeda rejects the enforcement-first approach to cryptocurrency regulation, suggesting the use of notice-and-comment rulemaking instead.</li><li>Uyeda highlights the lack of uniformity in applying the investment contract test to crypto assets, causing disagreement among market participants, lawyers, policymakers, and regulators.</li><li>SEC Commissioner Hester Peirce pushes for a flexible framework during the crypto roundtable, marking a shift from the SEC's previous stance.</li><li>SEC considers abandoning the Biden-era proposal to include crypto assets under custody rules, aiming to prioritize cost-efficient regulations within statutory authority.</li></ul>

Mark Uyeda Says Policymakers, Regulators Are Still Grappling With Critical Questions Around Crypto

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