SEC removes Bitcoin and cryptocurrency from the 2021 regulatory agenda

The US Securities and Exchange Commission (SEC), which regulates capital flows and protects investors, has published its regulatory agenda, but does not mention Bitcoin or Bitcoin regulation.

SEC ignores bitcoin and cryptocurrencies

Office for Information and Regulatory Affairs announced The unified agenda of the Biden government in spring 2021 for regulation and deregulation last week. It details “measures that managing authorities intend to take in the short and long term” and provides “significant publicity and transparency of regulatory and repeal measures”.

In its “Annual Regulatory Agenda”, the SEC independently published and clarified:

“The report, which includes filings related to the SEC, lists both short and long-term regulatory actions that regulators plan to take.”

Some of the things the SEC will review include disclosures regarding climate risk, board diversity, beneficial ownership, and swaps. The SEC will also focus on regulations related to Special Purpose Acquisitions (SPACs).

SEC Chairman Gary Gensler commented:

“To fulfill our mission to protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation, the SEC has a lot of regulatory work to do. I look forward to working with my fellow Commissioners and dedicated staff to recommend and refine rules that will strengthen our markets, increase transparency and protect investors. “

While bitcoin and cryptocurrencies aren’t on the SEC’s regulatory agenda this year, Gensler spoke about the need to protect investors and regulate crypto exchanges.

Last month, Gary Gensler urged Congress to pass crypto laws to protect investors, adding that crypto exchanges need more regulation. In addition, last week the SEC warned investors about Bitcoin futures trading funds. To date, the agency has taken 75 crypto-related enforcement actions. More and more companies are now seeking approval for a Bitcoin ETF.

Teacher

According to News.Bitcoin

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page