Acting SEC Chairman Rejects Enforcement, Prefers Rulemaking for Cryptos

On March 21, Acting U.S. SEC Chair Mark T. Uyeda led the first session of the commissionโ€™s Cryptocurrency Task Force roundtable in Washington, D.C. During the event, he emphasized the need for the SEC to adoptย formal rulemakingย rather than relying on enforcement actions to regulate digital assets.

Key industry players likeย Bit Mining Ltd. (NYSE: BTCM)ย will be awaiting any regulatory guidance that the SEC publishes in order to ascertain whether or not they need to modify theirโ€ฆ

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