SEC Quorum Rule Change May Ease Crypto Regulation
A recent change in SEC quorum requirements could allow a single commissioner to pass crypto rules.
A recent amendment in the Securities and Exchange Commission quorum requirements could allow just one of its commissioners to pass rules governing the crypto industry, according to Cointelegraph. The regulatory adjustment arrives in the absence of a market structure bill, potentially altering how the agency approaches crypto oversight.
Quorum Requirements
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The modification to the agency's rules alters the threshold needed to enact regulatory measures. According to Cointelegraph, this shift could streamline the process for amending the agency's approach to digital asset regulation.
Key facts
- A recent amendment changed the SEC quorum requirements.
- The adjustment could allow a single commissioner to pass rules governing the crypto industry.
- The rule change may facilitate new approaches to crypto regulation without a market structure bill.
Source: cointelegraph.com
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