Big changes are happening at the US government agency that looks after the rules for companies, the SEC! They're planning to make some cuts. This affects how they handle things, especially related to cryptocurrencies like Bitcoin.
The SEC is reducing the number of leaders in its regional offices across the country. This is part of a larger plan to save money. The SEC also slowed down its work on cryptocurrency rules.
- Fewer leaders in SEC regional offices.
- This means less oversight of companies, including crypto companies.
- The SEC is focusing less on crypto cases now.
| Fact | Details |
|---|---|
| Number of Regional Offices | 10 |
| SEC's 2025 Budget Request | $2.6 billion |
| Potential Impact | Less focus on crypto regulation |
