The US SEC has revoked a set of proposed rules introduced under the previous administration. Projects like Bitcoin Pepe will acquire when regulatory scenarios are improved. Bitcoin Pepe’s Presale has raised more than $14 million from the ongoing Presale.
Bitcoin has hit a psychologically significant $100,000 mark and hit a trader who was expecting a new, all-time greatest breakout.
This decline came after Israel launched a series of airstrikes over Iran, further escalating geopolitical tensions in the region.
An explosion was reported in Tehran at 22:50 UTC on Thursday, just before Israel took responsibility for the strike.
Bitcoin responded quickly, falling 2.8% from $106,042 to $103,053 within 90 minutes.
Despite the uncertainty of the increase, there is significant regulatory development.
The Securities and Exchange Commission has retracted a set of proposed rules introduced under the Biden administration. This is a move that could indicate a shift in agency’s approach to crypto regulations.
When regulatory scenarios improve, projects like Bitcoin Pepe will come from improved visibility.
Rules of the SEC Scrap Biden era
The Securities and Exchange Commission has formally retracted a set of proposed rules introduced under the Biden administration.
In a statement issued Thursday, the SEC said it would “retract certain notices of proposed rulemaking” that had been floating during the tenure of former chairman Gary Gensler between March 2022 and November 2023.
The agency made it clear that “we are not going to issue final rules on these proposals,” but left the door open to revisit the issues of new proposals in the future.
The move marks the latest regulatory rollback under President Donald Trump. President Donald Trump has pushed widespread deregulation in both digital assets and traditional markets.
Coinbase Chief Legal Officer Paul Grewal praised the development, “Down praised the 3B16, qualified custodians and all other unfinished Gensler rules proposals.”
Bitcoin Pepe can take on a wider momentum
It is expected that increased regulatory clarity will provide much needed visibility into the broader Altcoin and Meme Coin markets and will reshape investors’ perceptions of these assets.
As surveillance improves, the shift from pure speculation to a more reliable, utility-driven narrative within the digital asset ecosystem could accelerate.
This evolving landscape could justify technically ambitious projects like Bitcoin Pepe, who are trying to bridge the gap between meme-driven charm and real-world capabilities.
By combining infrastructure innovation and cultural relevance, such projects can benefit as markets reward the substance together with emotions.
Unlike many meme tokens that rely entirely on momentum and community-driven hype, Bitcoin Pepe distinguishes them from defined technical roadmap and infrastructure-focused approaches.
Supported by this more structured narrative, the project has already raised more than $14 million in pre-sale ongoing, with a listing scheduled for June 17th.
