Recent indications of staff reassignments within the SEC’s crypto enforcement division may signal the start of a long-anticipated pivot by the SEC, shifting toward greater industry engagement and, ultimately, the establishment of a new regulatory framework for digital assets in the U.S.
This shift presents an opportunity for the SEC to reclaim its influential role in shaping global standards for digital asset regulation. While the SEC is moving toward clearer regulations, an immediate overhaul remains unlikely.
Commissioner Hester M. Peirce’s recent statement suggests progress toward regulatory clarity, but the SEC will continue to take enforcement actions when necessary.
As a global cryptocurrency exchange that does not operate in the U.S. and does not permit U.S. persons to register an account, Bitget prioritizes compliance and will continue to monitor regulatory developments in the U.S.
Hon Ng, Chief Legal Officer at Bitget
