Letting SEC-registered crypto firms trade securities and non-securities would signal a “more mature” posture toward the industry, said Maple Finance’s co-founder.

The Securities and Exchange Commission’s delay of an exchange-traded fund for the Bitcoin clone likely means other digital assets like Solana, XRP and Dogecoin are in for long waits.

Bloomberg’s senior ETF analyst forecasts that “a TON of alt/meme coin ETFs are likely going to hit the market this year.”

The agency has backed away from a slew of cases against prominent crypto companies, marking a clear shift away from its approach under Gensler.

The Securities and Exchange Commission’s Spring Sprint brought together prominent crypto industry attorneys to discuss the path of future regulation.

Caroline Crenshaw said that the SEC’s statement on proof-of-work has footnotes that say individual scrutiny of any specific project is necessary to rule it out as a securities sale.

The rule would make it difficult, if not impossible, for registered investment advisors to purchase cryptocurrencies for clients.

The SEC is walking away from cases against major crypto players including Kraken, Coinbase, Robinhood, Opensea, and Uniswap Labs.

The official statement removes the threat of enforcement actions by the Securities and Exchange Commission from an entire category of cryptocurrency.

Sun, the Tron Foundation and BitTorrent are also accused of selling unregistered securities.