Us Securities and Exchange Commission (SEC) has been replaced by a small cyber device that oversees risks in various technical sectors by dissolving a dedicated encryption execution task force.
This restructuring was presentation After delaying Mark Uyeda on February 20, 2025.
The SEC said, “The creation of cyber and emerging technology departments (CETU) was announced to fight cyber -related illegal acts and to protect retail investors from bad actors in emerging technology.
destruction:
US sec is starting cyber
Unit to fight the fraud of encryption.Crime is not legal !!! pic.twitter.com/wwb8puryey
-Ash Crypto (@ashCryptoreal) February 20, 2025
Responsibility is moved from ‘Crypto Mom’ to Laura D ‘Allaird.
The CETU, led by Laura D ‘Allaird, replaces encryption assets and cyber units and consists of about 30 fraudulent experts and lawyers in multiple SEC offices.
Previously, the dedicated cryptocurrency task force was led by the Hester Peirce Commissioner. PEIRCE is known as a “encryption mother” for her pro -crypto posture and the opposition to the execution behavior (especially the previous chalter, Gary Gensler).
But the appointment of D ‘Allaird was welcomed by Uyeda.
“In Laura’s leadership, this new unit will compensate for the work of Crypto Task Force, led by the Hester Peirce Commissioner. Importantly, the new device will allow the SEC to be carefully deployed by the executive resources, ”said Uyeda.
“The device will not only protect investors but also to promote capital formation and market efficiency by arranging the way for innovation to grow.” “We will eradicate people who want to harm investors and misuse innovation to reduce their confidence in new technologies.”
Exploration: Who is Hester peirce? ‘Crypto Mom’ is leading the new encryption task force of SEC.
50 SEC Task Force replacement
The SEC’s decision to replace the 50 -member encryption execution task force into a cyber unit consisting of approximately 30 fraudulent experts and lawyers is part of the Trump administration’s extensive policy shift.
Uyeda’s SEC chairman emphasized that the modified department aims to promote innovation and market growth as well as protecting investors.
After Trump’s victory, the SEC is reassessing its posture on cryptocurrency cases.
SEC employees agreed to dismiss the case for us (approved by the withholding committee).
But this is not the end.
Start.
And if you have time to build, that time is now.Thank you to everyone standing with us and standing with the password. pic.twitter.com/gjokuzpotz
-Coinbase
(@coinbase) February 21, 2025
According to Gensler’s term, the agency pursued an aggressive enforcement strategy for the Cryptocurrency company. The Trump administration, however, signed a potential start in this hard line approach.
83 Enforcement Measures began and targeted major players such as Coinbase, Binance and Ripple Labs. These cases were often accused of violating the securities law, such as selling unregistered tokens or registering platforms as exchanges.
The SEC has begun reviewing the court case and can file a lawsuit that is not related to fraud.
Search: Trump’s SEC can review 83 cryptographic cases and dismiss measures without fraud.
Post SecEC replaces the Crypto Enforcement Task Force with a small cyber device that first appeared in 99bitcoins.