SEC Reconsiders Crypto Guidance Under Trump-Appointed Leadership

U.S. Securities and Exchange Commission (SEC) staff are revisiting previous crypto-related guidance to ensure alignment with the agency's current priorities, according to acting Chairman Mark Uyeda. In a recent post on X (formerly Twitter), Uyeda announced that key documents—including those related to Bitcoin futures funds under the Investment Company Act, digital asset investment contracts, and crypto custody frameworks—are under active review.

This reassessment may result in clearer regulatory guidelines for the digital asset industry, signaling a potential shift in how the SEC approaches crypto regulation. The initiative follows Executive Order 14192, Unleashing Prosperity Through Deregulation, and reportedly stems from a recommendation by Elon Musk's D.O.G.E., further reflecting the current administration’s deregulatory stance.

While the statement comes from SEC staff—not Commissioner Hester Peirce or the full Commission—it still points to a significant softening of the agency’s position on crypto under new leadership appointed by President Donald Trump. Uyeda, serving as interim chairman, appears to be leading a broader effort to overhaul the SEC’s regulatory approach to digital assets. This includes the rollback of several high-profile enforcement actions previously brought against crypto firms.

Although not an official policy shift, the review process represents a noteworthy change in tone and approach. Industry stakeholders are watching closely, as the outcome could influence how cryptocurrencies and blockchain-based financial products are regulated in the United States.

The SEC’s evolving stance may pave the way for a more innovation-friendly environment in the digital asset space, offering hope for reduced regulatory uncertainty and fostering growth in the crypto market.