SEC Interim Chairman: Consider Establishing a Short Term Cryptocurrency Regulatory Framework to Address the Current Era

BlockBeats News: On April 12th, Mark Uyeda, interim chairman of the US SEC, stated at an event held at the agency's Washington headquarters on Friday that the committee could consider establishing a short-term cryptocurrency regulatory framework to allow businesses to continue innovating, while the agency develops a more permanent answer to digital asset regulation. We should consider whether there are more effective regulatory methods under a looser federal regulatory framework, "Uyeda said in a recorded statement played at the agency's latest cryptocurrency industry roundtable. While the committee is committed to developing long-term solutions to these issues, establishing a time limited and conditional exemption framework for both registrants and non registrants may promote greater innovation in blockchain technology within the United States in the short term