SEC Chair Pushes Clear Crypto Rules for Trading, Custody, and Issuance ⚖️
The U.S. Securities and Exchange Commission (SEC) is set to usher in a new era for cryptocurrency regulation. Chairman Paul S. Atkins has announced a commitment to abandon the practice of regulation-by-enforcement, favoring instead the establishment of clear, bold rules to stimulate onchain innovation and market growth.
Atkins' agenda aims to provide regulatory clarity for trading, custody, and issuance of crypto assets, which he believes will foster a thriving ecosystem. The move signifies a significant shift in the SEC's approach to industry oversight, marking a commitment to a more predictable and transparent regulatory environment for crypto businesses.
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