The U.S. Securities and Exchange Commission has backed away from a range of high-profile crypto enforcement actions and investigations, signaling a policy shift under the Trump administration, according to a Decrypt roundup.

## What Decrypt reports

Decrypt says the SEC’s approach has changed materially with:

- **Chair Paul Atkins** described as crypto-friendly

- A **crypto task force** led by Commissioner **Hester Peirce**

- Coordination with the **CFTC** on oversight and rulemaking

The article highlights several major matters that have been dismissed, stayed, or concluded, including:

- **Coinbase** (lawsuit dismissed)

- **Uniswap Labs** (investigation ended without charges)

- **Robinhood Crypto** (investigation closed with no action)

- **OpenSea** (investigation ended)

- **Gemini** (investigation ended; separate lending case later dismissed)

- **Binance** (SEC case dismissed per Decrypt’s summary)

- **Ripple** (appeals dropped, closing a landmark case)

Decrypt also notes a DeFi rulemaking appeal the SEC voluntarily dropped, after a Texas federal judge found parts of the SEC’s expanded broker/exchange definitions unlawful.

## Why it matters

For exchanges, DeFi protocols, and token issuers, the practical impact is that near-term U.S. regulatory risk may be shifting from courtroom battles toward:

- Formal rulemaking

- Inter-agency coordination (SEC/CFTC)

- Congressional legislation (market structure and stablecoins)

That said, Decrypt’s overview underscores that the policy environment can change quickly—especially depending on Congressional action and the composition of regulatory agencies.

*Draft for Kicukiro Tech. Use the linked source to validate dates and the current procedural status of each case.*