Crypto and Fintech Firms Eye Bank Charters for Expansion
Financial technology and crypto firms are increasingly seeking bank charters to fuel their growth under what they perceive as a more industry-friendly Trump administration. With regulatory changes on the horizon, these firms aim to lower capital costs, gain legitimacy, and expand their market reach. A Strategic Move for Crypto and
S.E.C. Scales Back Crypto Enforcement Amid Policy Shift
The U.S. Securities and Exchange Commission (S.E.C.) is downsizing its crypto enforcement unit, marking a significant policy shift under the Trump administration. The decision reflects a broader push to ease regulatory oversight on digital assets, a stark contrast to the agency’s previous aggressive stance. Crypto Unit Reassigned as S.E.C. Reshuffles