US President Trump’s securities and exchange commission has changed advanced employees with a reshuffle in its crypto-centered litigation team amid plans to return enforcement works.
George Tenrero, the top crypto prosecutor of the Securities and Exchange Commission, has been allegedly taken to the agency’s IT department as regulator shift courses on digital asset cases.
Tenrero led several landmark SEC cases against prominent players like Ripple and Telegram as the agency demanded a court to claim its authority over the Crypto oversight. His transfer to a department responsible for maintaining SEC computer system was finalized last week, According to Wall Street Journal.
Seclips its crypto script
The revaluation of Tenreiro connects the change of employees running in SEC under Trump Administration. This week, the Securities Watchdog announced a plan to return crypto enforcement cases and refocus on policy formation.
Providing clear regulatory guidelines for digital assets has been identified as a priority, aligning with Trump’s pledge to support the development of the industry.
Acting SEC President Mark Uyda, who has temporarily replaced the Gary Jensor on the agency’s hull, has already formed a task force led by Crypto-Freedy Commissioner Haster Peerus. “The journey now begins,” Peerus wrote as an initiative that the chart was said to be the four major objectives of the chart. A new course in the commission.
The task force is part of a comprehensive government effort to synchronize rules in several federal regulators. The interim president of the Commodity Futures Trading Commission, Caroline Fam also announced the discussion discussion with industry leaders to resolve the major regulatory challenges.
MPs in both the Congress chambers also unveiled a bikemral working group to bridge the policy interval and deal with the Crypto regulator ambiguity.
