Big news about cryptocurrency! The U.S. government agency that watches over crypto is changing. It used to be focused on catching bad guys in crypto, but now it's changing its approach.
- The agency's name changed again, showing less focus on crypto.
- It will have fewer people working on crypto-related issues.
- They want to help good crypto companies grow, not just punish bad ones.
Change | Details |
---|---|
Team Size | Reduced from almost 50 to about 30 |
Focus | Shifting from only catching bad actors to also helping good companies |
Name Change | From "Crypto Assets and Cyber Unit" to "Cyber and Emerging Technologies Unit" |
This means that the government might be more open to cryptocurrency businesses in the future. It's all still new, so it's important to learn more about cryptocurrency from trusted sources!