Fix, 700 SEC Staff Resign, US Regulators Won't Fight Crypto Anymore?

Bittime - More than 700 US SEC (Securities and Exchange Commission) staff resigned en masse. Will US regulators not fight crypto again? Here's the review.

This incident was triggered by major reform policies supported by President Donald Trump, who is now increasingly showing a pro-crypto stance. Continue reading the review in this article.

Hundreds of US SEC Staff Resign

According to a Reuters report, more than 700 SEC members have submitted their resignations since the end of January 2025. Of these, more than 150 come from the law enforcement division. 

In addition, more than a dozen top officials also received buyout offers, which are part of a Trump-backed federal workforce reduction program.

Read also: SEC Says XRP Has the Potential to Become a US Strategic Asset, Here's Why!

This step is part of the Department of Government Efficiency (DOGE) policy which considers the government bureaucracy to be too large and inefficient. Financial incentives are also given to SEC employees to encourage early retirement or voluntary resignation. 

With the deadline falling last Friday, at least 600 resignations have been confirmed, and the number could increase in the next few weeks.

SEC Reform and Its Impact on the Crypto Industry

With lots of it SEC staff resignations not only mark a major restructuring within the agency. However, the phenomenon also represents a major shift in regulators' approach to the crypto industry. 

Since Trump returned to the political scene with pro-crypto policies, the SEC has begun to change its enforcement strategy. Some lawsuits against crypto companies are starting to be dropped, and the new approach is focused more on clear regulations and innovation in the digital sector.

Read also: Fix, Ripple vs SEC Case Officially Closed! Big Win for the Crypto World

One of the latest moves is the creation of a crypto task force led by SEC Commissioner Hester Peirce. Peirce is known as one of the figures who supports regulations that are friendlier to digital assets. 

This move further strengthens hopes that US regulators will adopt policies that are more conducive to the growth of the crypto industry. So, what will be the impact on the crypto industry in the future? Let's just wait.

FAQ

1. Why did more than 700 US SEC staff resign?

These resignations occurred as part of a federal workforce reduction policy supported by Trump. Buyout programs and financial incentives were provided to accelerate staff reductions.

2. Will these mass resignations impact crypto regulation?

Yes, with reduced staff in the enforcement division, the SEC's approach to the crypto industry could change to be friendlier and more supportive of innovation.

3. Who is now leading crypto policy at the SEC?

SEC Commissioner Hester Peirce, who is known to be pro-crypto, is now leading a new task force to design clearer regulations and support the blockchain industry.

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Reference 

Bitcoin.comNews, 700 SEC Staff Resign as Trump's Crypto Revolution Blasts Through Washington, accessed March 25, 2025.

Author: Y