The SEC commissioner has three suggestions for crypto regulation under the new SEC leadership under Trump
According to Forbes reporter Eleanor Terrett, U.S. SEC Commissioner Hester Peirce mentioned "Operation Chokepoint 2.0" in an interview and outlined three things she believes need to be done under the new SEC under Trump to help bring greater clarity to the cryptocurrency industry:
To stop government-regulated Chokepoint activities, the first step is to stop this approach of trying to prevent cryptocurrencies from accessing the services they need (e.g. custody) to move forward.
Make clear which things do not fall under the jurisdiction of the SEC, which things are not securities, and which people do not have to consider the SEC's regulatory framework.
Working with entities involved in cryptocurrencies to try to figure out how existing rules apply and where adjustments need to be made. This requires a group exercise. It needs to be done in the public so that everyone can participate. I think we can find a good start relatively quickly.