By Patrick Daugherty and Louis Lehot (Might 25, 2022, 5:12 PM EDT) — The U.S. Securities and Trade Fee is including 20 positions to its Crypto Belongings and Cyber Unit. These positions are all enforcement-related.
Not one of the new workers will probably be charged with finishing up the SEC’s statutory duties to suggest guidelines and interpret the legislation for business individuals.
The SEC proposed two new rules lately, every of which might increase its powers whereas probably stifling the burgeoning digital asset business. Whereas the SEC is pumping the brakes on development and growth of that business, different authorities actors, together with the Biden administration, Congress and the Newsom administration in California are taking a extra…
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