Wave of Resignations at SEC Color the New Direction of Crypto Regulation in the US

Jakarta, Pintu News – More than 700 staff of the United States Securities and Exchange Commission (SEC) have reportedly resigned amid a push for regulatory reform and government efficiency backed by former President Donald Trump. The changes have fueled speculation about the new direction of policies related to digital assets and the cryptocurrency industry in the United States.

Mass Resignations at the SEC and its Background

Since late January, more than 700 SEC employees have submitted resignation letters, including more than 150 from the Enforcement Division. In addition, more than a dozen senior officials are known to have accepted offers of early retirement compensation as part of the federal staff reduction program initiated by Trump.

The policy is part of a broader campaign for government efficiency, which is also supported by public figures such as Elon Musk and a new agency called the Department of Government Efficiency DOGE->Current DOGE PriceRp 0Market Cap-Trading Volume-Circulating Supply-. Trump has described the federal bureaucracy as too big and inefficient, and is pushing for change through financial incentives for early retirement or resignation.

This move has resulted in a significant impact on the SEC’s internal structure. The Division of Enforcement and the Office of General Counsel are the two units most affected. According to the SEC’s latest budget report to Congress, these resignations account for more than 12 percent of the agency’s total workforce.

Also Read: Why is Bitcoin (BTC) Following the 2024 Summer Trend? Check out the Next Prediction!

Impact on Crypto Regulation and Government Approach

This phenomenon comes amid a shift in SEC policy towards digital assets, in line with Trump’s pro-crypto stance. In recent months, the SEC has begun to drop some of the suits against crypto companies, a sharp change from the strict enforcement approach previously applied.

In addition, the White House has also organized a crypto summit for the first time, as a form of direct government involvement in the industry. The SEC also formed a special crypto task force led by Commissioner Hester Peirce, who is known as a proponent of clear and innovation-friendly regulation.

These steps are considered a positive signal by crypto industry players. Many see these changes as an opportunity to create a more investment-friendly regulatory environment, while encouraging the development of blockchain-based technology in the country.

Uncertainty and Further Review

While many see this reform as a breath of fresh air for the cryptocurrency industry, there is still uncertainty regarding the overall implementation of the policy. Not all resignations are from the buyout program; some employees may still be reconsidering their decision.

The SEC’s internal reorganization process has also not been fully completed. Trump’s appointment of Paul Atkins as the new SEC Chairman nominee is expected to bring a new direction to the agency. Atkins is scheduled to testify before Congress in the near future, which is likely to provide further insight into the future of crypto regulation in the US.

Cover

Major changes underway at the SEC suggest that the future of cryptocurrency regulation in the United States is at a crossroads. With the administration’s support for a more pro-crypto approach, the industry has the potential to experience significant growth, although a balance between innovation and consumer protection is still needed.

Also Read: Lighter Tariff Hike Triggers Altcoin Surge: Solana, DOGE, and ADA Shine

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Bitcoin News. 700 SEC Staff Resign as Trump’s Crypto Revolution Blasts Through Washington. Accessed March 26, 2025.
• Featured Image: Generated by Ai