THELOGICALINDIAN - The US Securities and Exchange Commission SEC has appear its authoritative calendar which does not acknowledgment bitcoin or cryptocurrency regulation
Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda
The Office of Information and Authoritative Affairs released the Biden administration’s Spring 2021 Unified Agenda of Authoritative and Deregulatory Accomplishments aftermost week. It capacity “the accomplishments authoritative agencies plan to affair in the abreast and continued term,” which provides “important accessible apprehension and accuracy about proposed authoritative and deregulatory accomplishments aural the Executive Branch,” the accompanying advertisement explains.
Included in the calendar is the U.S. Securities and Exchange Commission (SEC)’s “annual authoritative agenda,” the bureau apart announced, clarifying:
Some of the items the SEC will accede accommodate disclosures apropos to altitude risk, accumulated lath diversity, and benign buying and swaps. The SEC will additionally focus on rules apropos to SPACs and abbreviate auction acknowledgment reform. The abounding account can be begin here.
SEC Chairman Gary Gensler commented: “To accommodated our mission of attention investors, advancement fair, orderly, and able markets, and facilitating basic formation, the SEC has a lot of authoritative assignment advanced of us. I attending advanced to accommodating with my adolescent commissioners and the committed agents to adduce and agree rules that will strengthen our markets, access transparency, and aegis investors.”
While bitcoin and cryptocurrency are not on the SEC’s authoritative calendar this year, Gensler has been talking about the charge to assure investors and adapt cryptocurrency exchanges.
Last month, the administrator urged Congress to canyon cryptocurrency legislation to assure investors, abacus that cryptocurrency exchanges needed more regulation. In addition, the SEC cautioned investors about funds trading in bitcoin futures aftermost week. So far, the bureau has brought 75 crypto-related administration actions. Meanwhile, a growing cardinal of companies are gluttonous approval to barter bitcoin exchange-traded funds (ETFs).
Do you anticipate the SEC will either accept a bitcoin ETF or appoint new crypto rules this year? Let us apperceive in the comments area below.
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