13.06.2025 09:07
The Securities and Exchange Commission (SEC) in the United States has significantly altered its approach to cryptocurrency regulation, marking a departure from the policies implemented under former Chair Gary Gensler. This reversal involves the rescinding of several rules, notably those impacting decentralized finance (DeFi) and Environmental, Social, and Governance (ESG) reporting.
Among the withdrawn regulations is a proposed expansion of custody rules specifically targeting the DeFi sector. These rules, originally intended to increase oversight and compliance within DeFi, have now been deemed unnecessary or impractical by the current SEC administration. Their removal signifies a potential shift toward a more lenient regulatory environment for decentralized applications and platforms.
Simultaneously, the SEC has also rolled back stricter ESG reporting requirements for companies. These requirements, initially aimed at promoting greater transparency and accountability regarding environmental and social impacts, are now subject to re-evaluation. The implications of this change extend beyond the crypto space and affect a broader range of industries.
This comprehensive regulatory overhaul represents a considerable change in direction for the SEC’s crypto strategy. While the exact reasons for these reversals are not yet fully public, the modifications indicate a reassessment of the agency's previous approach. The implications for the future of cryptocurrency regulation in the US remain to be seen, prompting anticipation and analysis within the industry. The changes may foster greater innovation in the crypto sector, but the long-term consequences are still unfolding. This shift signals a potential recalibration of the balance between regulatory oversight and fostering technological innovation within the cryptocurrency market. The SEC's actions are closely watched by investors, businesses, and lawmakers alike.