Big news in the world of cryptocurrency! The U.S. government agency that watches over money, the SEC, wanted to make new rules for how crypto companies do business. These rules would have been tough on companies using crypto. But now, a top person at the SEC thinks those rules were a bad idea.
- The SEC wanted to control more of the crypto market.
- They tried to add rules that many people didn't like.
- A new leader at the SEC wants to stop those new rules.
| What happened? | Details |
|---|---|
| SEC's Plan | Make stricter rules for crypto companies. |
| Problem | Many people disagreed with the rules. |
| Result | The SEC might change its mind and not make these strict rules. |
