According to paulgrewal.eth, a formal request has been submitted to the Office of Government Ethics to rescind and update Legal Advisory 22-04, which currently bars SEC employees from holding or using digital assets. The request also urges the Crypto Task Force to issue waivers, arguing that potential conflicts of interest can be effectively managed (source: twitter.com/iampaulgrewal). For crypto traders, this development is significant, as allowing SEC employees to hold digital assets could influence regulatory perspectives and potentially lead to more market-friendly policies, affecting the overall trading climate.