Securities and Exchange Commission Seeks to Expand Cryptocurrency Resources in Upcoming Budget
Friday, 22 March 2024, 19:56
SEC Plans for Enhanced Oversight
The Securities and Exchange Commission (SEC) has proposed a noteworthy expansion of its enforcement and examinations division by incorporating over 50 new positions, as indicated in its recently unveiled 2025 budget request.
Increased Focus on Cryptocurrency
The SEC's initiative underscores a strategic emphasis on elevating supervision within the cryptocurrency landscape, reinforcing its regulatory capabilities to address evolving market dynamics and potential risks.
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