{"id":3454,"date":"2025-06-25T11:01:25","date_gmt":"2025-06-25T03:01:25","guid":{"rendered":"https:\/\/theexchain.com\/sec-undergoes-major-restructuring-a-shift-toward-crypto-friendly-policies\/"},"modified":"2025-06-25T11:01:25","modified_gmt":"2025-06-25T03:01:25","slug":"%e8%a8%bc%e5%88%b8%e5%8f%96%e5%bc%95%e5%a7%94%e5%93%a1%e4%bc%9a%e3%81%8c%e5%a4%a7%e8%a6%8f%e6%a8%a1%e3%81%aa%e5%86%8d%e7%b7%a8%e3%82%92%e5%ae%9f%e6%96%bd-%e6%9a%97%e5%8f%b7%e3%81%ab%e5%8f%8b%e5%a5%bd","status":"publish","type":"post","link":"https:\/\/theexchain.com\/ja\/%e8%a8%bc%e5%88%b8%e5%8f%96%e5%bc%95%e5%a7%94%e5%93%a1%e4%bc%9a%e3%81%8c%e5%a4%a7%e8%a6%8f%e6%a8%a1%e3%81%aa%e5%86%8d%e7%b7%a8%e3%82%92%e5%ae%9f%e6%96%bd-%e6%9a%97%e5%8f%b7%e3%81%ab%e5%8f%8b%e5%a5%bd\/","title":{"rendered":"SEC\u304c\u5927\u898f\u6a21\u306a\u518d\u7de8\u3092\u5b9f\u65bd\uff1a\u6697\u53f7\u306b\u512a\u3057\u3044\u653f\u7b56\u3078\u306e\u8ee2\u63db\u304b\uff1f"},"content":{"rendered":"<p>{\u7c73\u56fd\u8a3c\u5238\u53d6\u5f15\u59d4\u54e1\u4f1a\uff08SEC\uff09\u306f2025\u5e74\u4e0a\u534a\u671f\u3001\u6307\u5c0e\u8005\u306e\u4ea4\u4ee3\u3001\u90e8\u9580\u306e\u518d\u7de8\u3001500\u4eba\u4ee5\u4e0a\u306e\u8077\u54e1\u306e\u96e2\u8077\u306a\u3069\u3001\u5185\u90e8\u3067\u5927\u304d\u306a\u5909\u5316\u304c\u3042\u3063\u305f\u3002\u3053\u308c\u3089\u306e\u52d5\u304d\u306f\u3001\u6697\u53f7\u901a\u8ca8\u5e02\u5834\u306b\u5bfe\u3059\u308b\u898f\u5236\u306e\u72b6\u6cc1\u3092\u518d\u5f62\u6210\u3057\u3066\u3044\u308b\u3002\", \"leadership_changes\"::{\"\u6982\u8981\": \"SEC\u306f\u3053\u306e\u671f\u9593\u306b3\u4eba\u306e\u59d4\u54e1\u9577\u306e\u4ea4\u4ee3\u3092\u76ee\u6483\u3057\u305f\uff1a\u30b2\u30fc\u30ea\u30fc\u30fb\u30b2\u30f3\u30b9\u30e9\u30fc\uff08\u30d0\u30a4\u30c7\u30f3\u653f\u6a29\uff09\u3001\u30de\u30fc\u30af\u30fbT\u30fb\u30a6\u30a8\u30c0\u8b70\u9577\u4ee3\u884c\u3001\u305d\u3057\u3066\u30dd\u30fc\u30eb\u30fb\u30dd\u30fc\u30eb\u73fe\u8b70\u9577\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u73fe\u8b70\u9577\u306e\u30dd\u30fc\u30eb\u30fb\u30a2\u30c8\u30ad\u30f3\u30b9\u3067\u3042\u308b\u3002\u30b2\u30f3\u30b9\u30e9\u30fc\u306e\u30a8\u30f3\u30d5\u30a9\u30fc\u30b9\u30e1\u30f3\u30c8\u504f\u91cd\u306e\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u306f\u7570\u306a\u308a\u3001\u4e0a\u7530\u3068\u30a2\u30c8\u30ad\u30f3\u30b9\u306f\u3068\u3082\u306b\u6697\u53f7\u306b\u512a\u3057\u3044\u3068\u898b\u3089\u308c\u3066\u3044\u308b\u3002\", \"mark_uyeda\": {\"actions\":[\"cast the decisive vote approving Bitcoin spot ETFs\", \"implemented several crypto-positive measures during his short tenure\", \"establishment a Cryptocurrency Task Force led by Hester Peirce\", \"rescinding the controversial SAB 121 accounting policy\", \"creating the new Cyber and Emerging Technologies Unit (CETU)\"], \"stance\"\uff1a\"pro-crypto\" }, \"paul_atkins\": {\"background\": \"has a history of crypto engagement, including the co-chairing the Digital Chamber's Token Alliance in 2017\u2033, \"assets\": \"has a history of crypto engagement, including the co-chairing the Digital Chamber's Token Alliance in 2017\u2033, \"assets\"\uff1a\"\u5831\u544a\u306b\u3088\u308b\u3068\u3001\u5f7c\u306f\u6697\u53f7\u95a2\u9023\u8cc7\u7523\u7d04$6\u767e\u4e07\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\", \"\u30b3\u30df\u30c3\u30c8\u30e1\u30f3\u30c8\": \"SEC\u306b\u304a\u3044\u3066\u3001\u5e02\u5834\u306f\u9577\u3044\u9593\u300c\u898f\u5236\u4e0a\u306e\u30b0\u30ec\u30fc\u30be\u30fc\u30f3\u300d\u306b\u5b58\u5728\u3057\u3066\u304d\u305f\u3068\u8ff0\u3079\u3001\u6697\u53f7\u7a7a\u9593\u306b\u898f\u5236\u3092\u660e\u78ba\u306b\u3059\u308b\u3053\u3068\u3092\u516c\u306b\u30b3\u30df\u30c3\u30c8\u3057\u305f\" }}, \"departmental_restructuring\": {\"overview\": \"SEC\u306e\u4e2d\u6838\u90e8\u9580\u306f\u5927\u5e45\u306a\u4eba\u4e8b\u7570\u52d5\u304c\u884c\u308f\u308c\u3001\u5c11\u306a\u304f\u3068\u30822\u4eba\u306e\u65b0\u3057\u3044\u5e79\u90e8\u304c\u6697\u53f7\u901a\u8ca8\u306e\u7d4c\u9a13\u3092\u3082\u305f\u3089\u3057\u305f\uff1a\u30d6\u30e9\u30a4\u30a2\u30f3\u30fbT\u30fb\u30c7\u30a4\u30ea\u30fc\uff08\u6295\u8cc7\u7ba1\u7406\u90e8\u9580\uff09\u3068\u30b8\u30a7\u30a4\u30df\u30fc\u30fb\u30bb\u30eb\u30a6\u30a7\u30a4\uff08\u53d6\u5f15\u30fb\u5e02\u5834\u90e8\u9580\uff09\u3067\u3042\u308b\u3002SEC\u306f\u898f\u5236\u7de9\u548c\u306e\u5146\u3057\u3092\u898b\u305b\u3066\u304a\u308a\u3001DeFi\u304b\u3089\u30a2\u30bb\u30c3\u30c8\u30fb\u30c8\u30fc\u30af\u30ca\u30a4\u30bc\u30fc\u30b7\u30e7\u30f3\u306b\u81f3\u308b\u307e\u3067\u3001\u6697\u53f7\u306b\u7126\u70b9\u3092\u5f53\u3066\u305f6\u3064\u306e\u5186\u5353\u4f1a\u8b70\u3092\u958b\u50ac\u3057\u305f\u3002\", \"specific_actions\":[\"In May 2025, SEC issued guidance clarifying that certain staking activities don't constitute securities offerings\", \"The agency has also accelerated ETF approvals, recently requested revised filing for Solana spot ETFs with a promised 30-day review timeline\"], \"conclusion\": \"While regulatory oversight remain, these changes suggest the SEC may be transitioning from an adversarial stance to a more collaborative approach with the crypto industry.\" }}.<\/p>","protected":false},"excerpt":{"rendered":"<p>{&#8220;introduction&#8221;:&#8221;The U.S. Securities and Exchange Commission (SEC) has undergone significant internal changes in the first half of 2025, including leadership transitions, departmental restructuring, and over 500 staff departures. These developments are reshaping the regulatory landscape for the cryptocurrency market.&#8221;,&#8221;leadership_changes&#8221;:{&#8220;overview&#8221;:&#8221;The SEC witnessed three chair transitions during this period: Gary Gensler (Biden administration), acting chair Mark T. Uyeda, and current chair Paul Atkins. Unlike Gensler&#8217;s enforcement-heavy approach, both Uyeda and Atkins are viewed as more crypto-friendly.&#8221;,&#8221;mark_uyeda&#8221;:{&#8220;actions&#8221;:[&#8220;cast the decisive vote approving Bitcoin spot ETFs&#8221;,&#8221;implemented several crypto-positive measures during his brief tenure&#8221;,&#8221;establishing a Cryptocurrency Task Force led by Hester Peirce&#8221;,&#8221;rescinding the controversial SAB 121 accounting policy&#8221;,&#8221;creating the new Cyber and Emerging Technologies Unit (CETU)&#8221;],&#8221;stance&#8221;:&#8221;pro-crypto&#8221;},&#8221;paul_atkins&#8221;:{&#8220;background&#8221;:&#8221;has [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-3454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts\/3454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/comments?post=3454"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts\/3454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/media\/3453"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/media?parent=3454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/categories?post=3454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/tags?post=3454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}