Following President Trump's inauguration, U.S. regulators have drastically shifted their approach to the cryptocurrency sector, dismantling years of stringent oversight. Key actions include the Securities and Exchange Commission (S.E.C.) halting investigations into major firms like Coinbase, Gemini, OpenSea, and Uniswap Labs, as well as retracting lawsuits against certain products from Consensys. This sudden movement towards easing regulatory burdens reflects Trump's campaign promises, particularly as he sought support from influential crypto investors and promoted his own digital currency. Industry executives express optimism, viewing these changes as a critical step in reversing the prolonged scrutiny of their sector.
Federal officials have largely dismantled a lengthy government crackdown on the crypto industry, signaling a rapid shift in regulatory oversight since Trump’s inauguration.
Regulators have paused investigations and lawsuits against major crypto firms, marking a significant pivot toward a more favorable environment for the cryptocurrency sector.
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