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International Business Times
International Business Times
Business
Marvie Basilan

MYSTERIOUS: Sec may soon identify non security digital assets which crypto will get clearance first | Mind Blowing Facts

SEC Hester Peirce Crypto Gary Gensler Mark Uyeda Ethereum Bitcoin XRP
Beyond Bitcoin, which other cryptocurrencies will get security clarity under the new SEC? (Credit: Pixabay)

KEY POINTS

  • "Crypto Mom" Hester Peirce acknowledged it will take time for the SEC to fix its relationship with the crypto industry
  • $XRP was one of the digital assets that had to fight the SEC in court over its non-security status
  • $ETH, even with an ETF, was yet to get status clarity as the previous SEC leadership repeatedly refused to provide clear answers

The U.S. Securities and Exchange Commission (SEC) is on a mission to patch up the regulator's strained relationship with the cryptocurrency industry, and as part of such efforts, it will prioritize the identification of digital assets that it deems are non-securities.

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