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SEC Undertakes ‘Unprecedented’ Rollback of Crypto Enforcement

  • The Securities and Exchange Commission (SEC) has dismissed or halted at least eight cases against crypto firms in the last month.
  • This includes lawsuits against Coinbase and Binance, signaling a change in the aggressive approach towards the crypto industry.
  • The SEC aims to reform its regulatory approach and develop crypto policy in a more transparent manner.
  • The agency has replaced its crypto division with a smaller unit dedicated to probing various emerging technologies.

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