The Securities and Exchange Commission (SEC) of the United States could soon abandon its initiative aimed at obliging certain Crypto companies to register as an exchange platform. Mark Uyeda, acting president of the SEC, asked the institution's teams to explore the means to give up this regulatory modification.
The dry about to give in to Crypto platforms?
The amendment in question aimed to expand the definition of alternative trading systems (ATS) in order to include certain players in the crypto sector. If this rule had been adopted, several platforms should have complied with the same obligations as traditional scholarships. However, this approach had aroused great opposition from web 3 companies and defenders of decentralized finance (DEFI), who believed that this would jeopardize innovation and slow the growth of the sector in the United States.
In a speech during the Institute of International Bankers on March 10, 2025, Mark Uyeda, the promoter of the crypto Task Force, spoke of concerns about the applicability of this regulation to crypto actors. He stressed that digital markets work differently from conventional scholarships and that the adoption of overly rigid rules would risk hindering their development.
A signal of appeasement towards the industry
This potential turnaround Mark a change of tone within the dry, which was particularly strict towards the crypto industry under the chairmanship of Gary Gensler. The latter had intensified legal actions against several companies in the sector, including Ripple, Binance and Coinbase, by accusing them of operating without recording in accordance with the regulations in force.
If the SEC were to abandon this measure, it could be perceived as a signal of appeasement towards the Crypto ecosystem, when several companies plan to relocate their activities due to regulatory uncertainty in the United States. However, this change of position does not mean more mild regulation. Because, the dry could simply seek an approach more suited to the specificities of Crypto platforms.
The future of this reform will therefore depend on the recommendations of the SEC teams and the orientation that the agency will take under its future direction. The actors of the crypto sector remain attentive to these developments, which could redefine the American regulatory framework for digital assets.
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