SEC’s Crypto Enforcement Shift: Global Impact & Bitget’s Compliance Approach

-

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

LATEST POSTS

Bitcoin’s Dominance Persists as ETH Struggles to Close the Gap

The ETH/BTC ratio remaining below 0.05 for over a year, even as Ethereum hits record highs and attracts billions in ETF inflows, underscores Bitcoin’s enduring...

XRP and SOL Positioned to Lead the Next Leg of the Bull Market

We see the current bull market as far from exhausted. Strong public asset treasuries and expectations of Fed rate cuts provide a supportive macro backdrop,...

OCC’s Guidance Marks a Turning Point for Crypto Banking Access

Jonathan Gould’s acknowledgment that “crypto debanking is real” represents a watershed moment for the industry, validating the obstacles firms have long faced in securing reliable...

Nasdaq Bets on Tokenization: The Future of Trading Is Hybrid

Nasdaq’s plan to list tokenized securities on its main market by 2026 could be a turning point for finance, boosting liquidity, accessibility, and efficiency. By integrating...

Most Popular

Guest posts