Mark Uyeda, Acting Chair of the US Securities and Exchange Commission (SEC), has encouraged crypto industry participants to offer input on a proposed framework. The initiative is designed to ease regulatory pressure on digital asset trading. Speaking at the SEC’s April 11 Crypto Task Force roundtable, Uyeda highlighted the growing disconnect between current regulations and the realities of blockchain innovation. SEC Considers Federal Licensing Model to Streamline Crypto Compliance Uyeda likened the evolution of crypto markets to the early days of US securities trading, which began under a buttonwood tree in New York City
source: https://beincrypto.com/sec-to-rethink-crypto-trading-oversight/