John Deaton Emphasizes The Need For Modernised Regulatory Framework, Criticizes SEC For Applying Outdated Laws

Quick Summary:

Elon Musk had recently suggested that Howard Lutnick might be the right choice for Treasury secretary but had also suggested others to provide input on who President Trump should select to be America’s next Treasury secretary.“The Dream Team that would foster innovation in America, securing its place as the number one market in the world, causing an economic explosion in our capital, crypto and IPO markets, while bolstering demand for the USD and ensuring its dominance around the world, while, at the same time, shaking things up and reforming the agencies is: BrianBrooks as Treasury Secretary and Brad Bondi as SECGov Chairman.

He argued that embracing a clearer and innovation-oriented regulatory strategy would enable the growth of digital assets.

Deaton’s remarks highlight the need for a modernized framework that accommodates emerging technologies.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United States

Topics: News Crypto Regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 19:22:17 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23704864

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