I.O. The Chairman of the Commission on Securities and Exchange of the United States (SEC) Mark Uga ordered the department employees to revise a number of statements about cryptocurrencies.
Statement from Acting Chairman Mark Uyeda: Pursuant To Executive Order 14192, Unleashiping Throuch Deregulation, Together with Recomminess From Doge, I HAVE REQUESSTED Securities and Exchange Commission Staff Promptly to Review The Following Staff Statements.
– US Securities and Exchange Commission (@secgov) April 5, 2025
The request of the chairman was submitted in accordance with the presidential decree 14192 – “Disclosure of prosperity through deregulation” – and the recommendations of the Department of State Efficiency (DOGE) follows.
According to the SEC report, they are subject to review, among other things:
- published in 2019 year management on the use of Haui test to digital assets;
- answer employees of the department for a statement by Vaiming authorities, allowing local trust companies to store digital assets in 2020;
- Alert about the “unique risks” of digital assets for traders from February 2021;
- warning 2021 on the problems of investing in share funds involved in the Bitcoin Futures market;
- statement 2022, where companies called on transparently disclosing risks associated with cryptocurrencies.
The chairman of the ugg also drew the attention of colleagues to the departments about the Covid-19 and the effects of the pandemic on the markets.
Previously, the SEC corporate finance unit called the characteristics of stablecoins not related to securities.
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Source: Cryptocurrency
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