The U.S. Securities and Exchange Commission (SEC) should halt enforcement actions against non-fraud cases lodged against various crypto firms. This sentiment was expressed by Mark Uyeda, a Republican party commissioner who is calling for a shift in the agency’s handling of cryptocurrency regulations.
Uyeda reiterated the need for the SEC to stop enforcement actions against non-fraud cases lodged against various crypto firms and reiterated that the Commission’s war on crypto must end, including crypto enforcement actions solely based on a failure to register with no allegation of fraud or harm.