SEC Crypto Treasury Probe on Pause, Expected to Intensify Post-Shutdown
SEC Crypto Treasury Probe on Pause, Expected to Intensify Post-Shutdown
The U.S. Securities and Exchange Commission's (SEC) investigation into cryptocurrency treasuries is currently halted due to a government shutdown. However, former SEC legal experts anticipate a swift resumption, with subpoenas potentially issued within one to two months after government operations normalize, signaling continued regulatory scrutiny on the crypto sector.
SEC Crypto Treasury Probe Temporarily Frozen by Shutdown
According to former lawyers from the U.S. Securities and Exchange Commission (SEC), the agency's ongoing crypto treasury probe has been put on hold due to a government shutdown. Despite this temporary pause, the investigation is expected to advance rapidly once the government reopens. These experts suggest that the SEC could begin issuing subpoenas related to the probe within one to two months after the shutdown concludes, indicating a renewed focus on regulatory actions within the cryptocurrency market.