The SEC is reversing a 2022 proposal that would have required crypto firms to register as trading systems, acting Chair Mark Uyeda announced. The move aims to ease regulatory burdens and refocus on Treasury market reforms. 💰🔄 - SEC abandons 2022 proposal to classify crypto platforms as alternative trading systems. - Acting Chair Uyeda prioritizes Treasury market oversight over crypto regulation. - Shift reflects Republican-led push to ease enforcement, foster digital asset innovation.