SEC Chair Paul Atkins released a regulatory agenda with 20 proposed rules for spring 2025, aimed at shaping how the agency handles digital assets. The proposed rules could soften enforcement, establish safe harbors, and restructure regulations to benefit crypto projects.
Proposed rules in the SEC agenda include exemptions and safe harbors for crypto asset sales, amendments to the Exchange Act for trading on alternative systems, and national securities exchanges. These changes could reduce regulatory oversight for crypto companies and lessen reporting burdens.
The SEC proposed modernizing its framework to accommodate cryptocurrencies, specifically amending the Investment Advisers Act of 1940 to address custody regulations for digital assets. This shift comes less than eight months after a proposed rule change to impose stricter guidelines on cryptocurrencies was rejected.
The proposed rule changes from SEC Chair Atkins must undergo a thorough process, including public comments and reviews, before adoption. Since former SEC Chair Gary Gensler’s resignation, the commission has shifted its approach, dropping investigations and lawsuits and indicating a change in enforcement tactics.
Atkins, as SEC chair, has the authority to interpret commission rules and guidelines regarding crypto. The SEC’s evolving stance on cryptocurrencies raises key questions about regulatory clarity and enforcement in the industry.
Read more at Cointelegraph.com
1. Bitcoin reaches new all-time high of $60,000, continuing its upward trend despite recent market volatility.
2. Ethereum hits record high of $2,000, driven by increased interest in decentralized finance (DeFi) applications.
3. Tesla announces it will now accept Bitcoin as payment for its electric vehicles, boosting cryptocurrency adoption.
4. Grayscale Bitcoin Trust surpasses $40 billion in assets under management, reflecting growing institutional interest in digital assets.: SEC’s Agenda Proposes Crypto Safe Harbors, Broker-Dealers Reforms
