Particle.news

Download on the App Store

SEC Restructures Crypto Enforcement with Broader Cyber Fraud Focus

The newly formed Cyber and Emerging Technologies Unit replaces the Crypto Assets and Cyber Unit, signaling a shift in the SEC’s approach under Republican leadership.

  • The U.S. Securities and Exchange Commission (SEC) has replaced its Crypto Assets and Cyber Unit with the Cyber and Emerging Technologies Unit, reducing its size from 50 to approximately 30 members.
  • The new unit, led by SEC attorney Laura D’Allaird, will address fraud involving blockchain, cryptocurrencies, artificial intelligence, and other cyber-related crimes.
  • This restructuring reflects a broader mandate to combat various forms of cyber fraud while fostering innovation and market efficiency, according to Acting SEC Chairman Mark Uyeda.
  • Under the Biden administration, the SEC took a more aggressive stance on crypto enforcement, but the Trump administration has adopted a less confrontational approach to the industry.
  • The SEC has also established a separate Crypto Task Force to develop a clear regulatory framework for digital assets, complementing the work of the new unit.
Hero image