SEC Considers Short-Term Crypto Regulatory Framework to Boost Innovation in Blockchain Technology

In a recent address, U.S. SEC Acting Chair Mark Uyeda highlighted the agency’s proactive approach towards cryptocurrency regulation. During an event at the SEC headquarters, he indicated that a **short-term regulatory framework** might be under consideration, aimed at fostering innovation while longer-term strategies are developed for **digital assets**. “We should explore more effective regulatory mechanisms within a flexible federal framework,” Uyeda articulated, reflecting on the specifics needed to accommodate the evolving **blockchain ecosystem**. He elucidated that this proposed **temporary waiver** framework could be conditional, applying to both **registered** and **unregistered** market participants. This initiative is positioned to stimulate significant advancements in U.S. blockchain technology, offering a balanced path toward regulatory clarity while encouraging ongoing innovation in the cryptocurrency sector.