US to de-prioritize cryptocurrency oversight in fiscal year 2026

VTV.vn - The US Securities and Exchange Commission (SEC) announced its 2026 fiscal year supervision priorities, no longer emphasizing the cryptocurrency sector.

The US Securities and Exchange Commission (SEC) on November 17 announced its supervisory priorities for the current fiscal year, which no longer emphasizes the supervision of companies providing services related to crypto assets.

The SEC's Oversight Board, which oversees Wall Street firms' compliance, said it will focus on issues such as fiduciary duties, standards of conduct, asset custody and new customer data privacy requirements.

However, the statement no longer focuses on cryptocurrency activities and the volatility of digital assets as in previous years. The current US government fiscal year ends on September 30, 2026.

In response to a request for comment, an SEC spokesperson referred back to a passage from the announcement, noting that this year's priority list is "not an exhaustive list" of all the areas the Oversight Board will focus on.

SEC Chairman Paul Atkins also said in the announcement that oversight is an important part of the agency's mission but should not be a "fault-finding exercise." He said the disclosure of these priorities is intended to help companies prepare for a constructive dialogue and provide transparency about the agency's priorities.

The shift is significant. Under President Donald Trump, who has openly supported the cryptocurrency sector, the SEC has put forward a broad agenda to promote the growth of the industry. This is a sharp change from the previous administration of former President Joe Biden, which viewed the industry as rife with fraud and regulatory evasion. As such, industry experts are likely to see this reduced oversight priority as an encouraging sign.

Source: https://vtv.vn/my-giam-uu-tien-giam-sat-linh-vuc-tien-dien-tu-trong-tai-khoa-2026-100251118142334381.htm