SEC Officials Plan Cryptocurrency Policy Reforms

According to BlockBeats, three informed sources have revealed that senior Republican officials at the SEC are preparing to initiate reforms in the agency's cryptocurrency policy as early as next week, following Trump's inauguration. Two of the sources indicated that Commissioners Hester Peirce and Mark Uyeda are considering measures to launch procedures that could eventually establish guidelines or rules. These would clarify under what circumstances the agency would classify cryptocurrencies as securities and review some ongoing cryptocurrency enforcement cases in court.