SEC scraps Gensler-era crypto rules in major shift under new leadership

The US Securities and Exchange Commission (SEC) has withdrawn multiple anti-crypto rules proposed during the administration of its former chair, Gary Gensler. Coinbase chief legal officer Paul Grewal shared the development on X, noting that Rule 3b-16 and several others are now gone. Rule 3b-16 is meant to expand the definition of an “exchange” to […] source: https://www.cryptopolitan.com/sec-scraps-gensler-era-crypto-rules/