- Mark Uyeda directs SEC staff to review encryption policies under Executive Order 14192.
- The review includes the 2019 investment contract framework and Hinman’s 2018 letter.
SEC President SEC has ordered the representation in the United States, Mark Uida, a review of the agency level of multiple regulatory data related to encryption. This step is in line with Executive Order 14192With the title “Unleashing prosperity by canceling organizational restrictions“ The guidance aims to cancel or review the directions that do not conflict with the current SEC priorities.
Acting President Mark Oida: According to the Executive Order 14192, he unleashed prosperity by canceling the restrictions, as well as recommendations from Dog, who asked the employees of the Securities and Stock Exchange Committee immediately to review the following employee data.
The American Securities and Stock Exchange Committee (SECOGO) April 5, 2025
Uyeda ordered the employees to re -examine 2019 A frame for analyzing the investment contract for digital assets. This document has borrowed greatly from the 2018 ether letter to SEC’s 2018 director. The speech stated in a controversial way that decentralization can exempt some symbols from the category of securities.
SEC targets the rules of detection
In addition, the review targets employees ’messages to disclose encryption assets, nursery standards and future Bitcoin directions. Among these discourse is not to take action of the Emomat, their headquarters, Wyoming, and a sample message related to the fluctuations of the encryption market. Uyeda also requested reviews of a 2022 consultant on disclosure and 2021 alert practices about the risk of investment in encryption.
According to SEC on April 5 statementThe review follows recommendations from the Ministry of Governmental efficiency (DOGE). Executive Order 14192, issued by President Trump in January, imposes a policy of cutting rules “10 to 1”. For every new list presented, ten of which must be canceled.
On April 4, SEC confirmed that the “covered stablecoins” such as USDT and USDC are not securities. These symbols, backed by Fiat or liquid reserves and refundable 1: 1 with the US dollar, are located outside the stock law. However, the algorithm stablecoins is still excluded from this classification.
The covered exporters should not provide stablecoin reserves of return or mixing with operational funds. This new stablecoins is preferred like Trump “USD1”, indicating a more friendly position under his administration.
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