The U.S. Securities and Exchange Commission has been busy over the past few weeks, hinting at a brighter future for crypto companies.
PS: I’ll be in San Francisco next week for the American Banker Payment Forum. Say hello.
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The narrative
The crypto industry racked up a number of early wins in the first month (and week) of Donald Trump’s second term as U.S. president. The U.S. Securities and Exchange Commission announced it would drop or close half a dozen open investigations and ongoing cases, and asked courts to pause two more.
Why it matters
The crypto industry clearly won big during the 2024 election, and it’s only just beginning to see what that means. Questions of how it actually should or shouldn’t be regulated are now up in the air.
Breaking it down
Over the last week and…
