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U.S. SEC Shuts Down Crypto Enforcement Division, Shifts to Guidance and Rulemaking

Grayscale’s Chief Legal Officer Craig Salm says the Securities and Exchange Commission has replaced enforcement-led oversight with a dedicated crypto task force focused on formal guidance and regulatory rulemaking.

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Terms & Concepts
  • SEC (U.S. Securities and Exchange Commission): The federal agency responsible for regulating securities markets in the United States.
  • Crypto Enforcement Division: A specialized SEC unit focused on investigating and prosecuting violations involving digital assets.
  • Regulating by Guidance and Rulemaking: A regulatory approach that provides formal rules and public guidelines rather than enforcement actions to set compliance standards.