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The Defiant 2025-01-15 16:26:37

SEC Commissioners Said To Be Planning Crypto Overhaul When Gensler Leaves

Republican commissioners of the Securities and Exchange Commission (SEC) are planning to start an overhaul of its crypto policies as soon as President-elect Donald Trump is sworn in. SEC Chairman Gary Gensler’s resignation on inauguration day will leave Republican appointees Hester Peirce and Mark Uyeda with a majority on the commission, and they are not intending to wait for a new chairman, Reuters reports . The two are considering starting the process of creating rules or at least clarifying guidance for when the Commission considers cryptocurrencies to be securities, the report said. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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