The American Securities and Exchange (SEC) commission has dissolved its working group dedicated to the application of cryptography, replacing it with a smaller cyber unit unit responsible for supervising risks in several technological sectors.
This restructuring was announcement Under the president of the Sec, Mark Uyeda, on February 20, 2025.
The SEC has announced “the creation of the unit of cyber and emerging technologies (CETU) to focus on the fight against misconduct linked to cyber and to protect retail investors against bad players in the emerging technology space” .
RUP:
Us dry launches a cyber
Unit to fight against crypto fraud.The crime is not legal !!! pic.twitter.com/wwb8puryy
– ash crypto (@ashcryptoral) February 20, 2025
Us dry launches a cyber Responsibility goes from “Crypto Mom” ​​to Laura d’Asslaiment
CETU, led by Laura d’Allaird, replaces cryptographic assets and cyber and is made up of around 30 fraud and lawyers in several DEC offices.
Earlier, the working group dedicated to cryptocurrency was to be led by Commissioner Hester Peirce. Peirce is known as “Mom Crypto” for his pro-Crypto position and dissident opinions on application actions (in particular by the former Gary Gensler channel) that she believed excessively hard or ineffective.
However, the nomination of breastfeeding was welcomed by Uyeda.
“Under the direction of Laura, this new unit will complete the work of the working group on the crypto led by Commissioner Hester Peirce. Above all, the new unit will also allow the dry to judiciously deploy the application resources, ”said Uyeda.
“The unit will not only protect investors, but will also facilitate capital training and market efficiency by opening the way to innovation,” he added. “It will highlight those who seek to abuse innovation to harm investors and reduce confidence in new technologies.”
Explore: Who is Hester Peirce? The new working group on crypto
Replacement of the dry working group of 50 members
The DRA’s decision to replace its working group on the application of the crypto of 50 members with a reduced cyber-unit of approximately 30 experts and lawyers for fraud is part of a wider change in policy by virtue of Trump administration.
The acting president of the SEC, Uyeda, stressed that the reworked unit aims not only to protect investors, but also to promote innovation and growth of the market.
After Trump’s victory, Sec re-evaluates his position on cases related to cryptocurrency.
SEC staff agreed to reject their file against us (awaiting the Commission approval).
But this is not the end.
This is the beginning.
And if there was a moment to build – this time is now.Thank you to everyone who stood with us and stood with the crypto. pic.twitter.com/gjokuzpotz
– Coinbase
(@Coinbase) Under the mandate of peopleler, the agency continued an aggressive application strategy against cryptocurrency companies. However, the Trump administration reported a potential gap in this hard approach.
83 Application actions were launched, targeting the main actors such as Coinbase, Binance and Ripple Labs. These cases often revolved around allegations of violations of securities law, such as the sale of non-registered tokens or non-compliance with platforms as exchanges.
The SEC began an examination of these judicial affairs and potentially frozen in disputes which do not imply allegations of fraud.
Explore: Trump’s dry will re -examine 83 Crypto cases can reject actions without allegations of fraud
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