Benchmark: SEC Proposal to Rescind Rules 611 and 610(e) Most Consequential US Crypto Rule
Benchmark, a financial services firm, has characterized the U.S. Securities and Exchange Commission's (SEC) recent proposal to rescind Rules 611 and 610(e) as the "most consequential" crypto rule introduced in the United States this year. This assessment highlights the perceived significant impact of the SEC's regulatory initiative on the domestic cryptocurrency sector.
Benchmark, a financial services firm, has identified the U.S. Securities and Exchange Commission's (SEC) recent proposal as the "most consequential" crypto rule in the United States for the current year. The proposal, issued last week, aims to rescind Rules 611 and 610(e).
According to Benchmark, these proposed changes are significant for the U.S. cryptocurrency market and its regulatory landscape. The firm's statement underscores the potential for substantial shifts in crypto regulation following the SEC's initiative.
(Source: The Block Crypto)
