We were promised a crypto working group and a Golden era For digital assets. Instead, we have:
- No inauguration pump
- No Bitcoin Strategic Reserve
- Trump Total Coin Pump and Dump Scam
- No Chinese New Year Pump
- David Sacks’ – The Crypto Czar – The press conference was a total burger nothing
- Oh, and China has imposed prices
I want a refund. Bring Gary Gensler back to the dry! Okay, I may have gone too far in a few places.
But will we see a golden era for crypto with this working group?
Is the new working group on crypto hype?
People thought that David Sacks of Paypal Mafia and All-in podcast Fame and his brothers exhibited a kind of imminent and incredible plan for the crypto.
However, during his first press conference as Crypto Czar, all he said was essentially: “We work there. Give us 6 months, something, something, Internet of value, Internet 3.0. »»
David Sacks: We will make America the world capital of cryptography and provide clarity and stability to the founders of Crypto$ BTC: Very good for me to die pic.twitter.com/aue8iput1l
– フ ォ リ (@follis_) February 4, 2025
The market is capricious, but Crypto has trouble playing in the maniac but effective administration of Trump 2.0.
With the new president of the Sec Hester Peirce at the helm, the dry working group is ready to move the cryptographic regulation of managing disorder. Its mission is to create rules that can be used for digital assets under the jurisdiction of the dry, to establish feasible registration routes and to simplify compliance for industry.
“SEC has tools that he has not used effectively in the past. This working group represents a process to start real conversations on regulations, “said Kristin Smith, CEO of the Blockchain Association.
Key efforts include the decision to set up programs under the securities law, to clarify the blurred border between titles and basic products and rework the registration processes exceeded to meet the needs of startups.
Industry proposals and early stages
The dry does not only pay the lip service or does not actively attack you at the crypto – it requests comments. Andreessen Horowitz’s crypto A16Z has already presented ideas, suggesting means to integrate brokers into the crypto, refine the rules of conformity and clarify the guards and negotiation guidelines for digital assets.
The working group plans to use tools such as comments and letters without action to demystify the securities law.
Hester Peirce compared the previous efforts to a nightmarish road trip, bogged down by “application brakes” and aimless wanders. She promises a more defined course this time.
Dry crypto task force 2025 moves the story
The “dry crypto task force 2025” is not only a bureaucratic control point – it is an olive branch in a direction of envy of industry.
Built on open forums, round tables and internal debates, the initiative aims to balance the application of growth growth.
“We will need coordinated efforts between regulators to unravel the waste,” said Hester Peirce. “These are not shortcuts – it is a question of achieving stability in the right way.”
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