The SEC has published updated positions on basic cryptography issues and withdrew several legal cases.
The United States Stock Exchange and Securities Commission (SEC) published several statements this quarter about whether certain cryptography activities are within its domain.
In the last of those statements, published in April 4The SEC of Corporation’s Finance Division declared that it does not consider the sale and supply of certain “covers” to involve the sale and offer of values.
These stables are linked to the price of the US dollar, easily redeemable and backed by a reserve of US dollars and low risk assets. They are intended for the payment and value storage and do not offer interests or government rights.
Previously, the division addressed memecoin transactions and cryptographic work proof mining, stating that they do not consider that these activities involve the offer and sale of values ​​(to the extent that each statement describes).
The commissioner of the SEC, Caroline Crenshaw, published critical responses to each statement, examining its content and emphasizing that each one does not definitely exclude the relevant assets of the supervision of the SEC.
The SEC is also dropping cases of cryptography that previously launched against members of the cryptographic sector. March 27 Finished cases Against Crypto Exchange Kraken, the Development Firm of Blockchain consensys and the Commercial Firm Cumberland Drw.
The agency launched another case against Ripple Labs on March 19. Although the case had reached a ruling that gave Ripple a partial victory in 2023, the appeal of the SEC and certain other legal procedures lasted in 2025.
In a statement, the CEO of Ripple Brad Garlinghouse He said that The DEC decision of abandoning its appeal is “a resounding victory for Ripple, for cryptography, in all the ways in which you look at it.”
Abandoned cases follow other similar decisions. In particular, the SEC eliminated its case against Coinbase and finished the probes in Uniswap and Opensa in February.
The changing attitudes of the SEC towards cryptography began under the Trump administration, which led a general change in cryptography policy throughout the United States government.
Together with the efforts of the entire government, the SEC has established a Pro-Crypto working group led by Commissioner Hester Peirce and other members of the agency.
Meanwhile, Paul Atkins is expected to assume the role of president of the SEC, assuming the position of interim president Mark Uyeda. It is expected that Atkins leadership will move away even more from the strong policies of application of its predecessor, Gary Gensler.
Atkins has faced the setback of Democratic Senator Elizabeth Warren, who criticized His preference for weak regulation and ties with the failed FTX cryptographic exchange.
Discharge of responsibility: The information contained in this document is provided without considering its personal circumstances, therefore, it should not be interpreted as financial advice, investment recommendation or an offer or application for any transaction in cryptocurrencies.