Just a few days into the Trump administration, the U.S. Securities and Exchange Commission revoked Biden-era cryptocurrency accounting guidance in line with the administration’s desire to create a friendly crypto environment in the federal government. How will that be accomplished?
Stradley Ronon partner Jan Folena, co-chair of the securities enforcement practice, said, “there has to be legal clarity and some targeted commonsense regulation to get the industry to come back to the U.S. and to really invest and flourish here.”
Read more about the Trump administration’s crypto guidance here.