SEC’s top crypto prosecutor reassigned to IT unit

The Securities and Exchange Commission of the American President has advanced personnel changes with a shuffle in his litigation team focused on crypto-axpes in plans to reduce the application measures of the law.

Jorge Tenreiro, the best prosecutor of the cryptography of the Securities and Exchange Commission, was allegedly transferred to the agency’s IT service as regulatory travel courses on digital asset proceedings.

Tenreiro led several Historic SEC affairs against major actors such as Ripple and Telegram while the agency asked the justice to assert its authority on cryptographic surveillance. Its transfer to a department responsible for maintaining dry IT systems was finalized last week, According to the Wall Street Journal.

Dry returns his crypto script

Tenreiro’s reallocation adds to the current staff changes to the SEC under the Trump administration. This week, the Watchdog of securities has announced its intention to reduce cases of application of cryptography and to refocus on the training of policies.

Providing clearer regulatory guidelines for digital assets has been identified as a priority, aligning with Trump’s commitment to support industry growth.

The acting president Mark Uyeda, who temporarily replaced Gary Gensler at the bar of the agency, has already shape A working group led by the cryptocurrency commissioner Hester Peirce. “The journey begins now,” Peirce wrote Because the initiative described four key objectives to trace a new course at the Commission.

The working group is part of a broader government effort to synchronize the creation of rules between several federal regulators. Caroline Pham, interim president of the Commodity Futures Trading Commission, also announced discussions on the round table with industry leaders to meet the main regulatory challenges.

Legislators of the two Congress Chambers revealed A bicameral working group to fill political shortcomings and fight against cryptographic regulatory ambiguity.