SEC’S ATKINS said the agency is pushing towards 2025 policies that allow the crypto firm change change
The US Securities and Exchange Commission is heading for a year’s goal for its efforts to acquire crypto companies pushing new products under regulator administration, Chairman Paul Atkins said In an interview on Tuesday In the Fox business.
The rhetoric of pro-digital assets from Atkins is in the brand for his campaign to launch friendly policies for the industry, which aligns with orders from President Donald Trump. Both the SEC and the Commodity Futures Trading Commission said earlier this month that they invite existing registered companies to move forward with crypto activity and they should only check in on any questions about how to proceed, and the SEC also posted a public agenda that Reflects planned offers and sale of crypto securityIncludes exceptions and safe harbours.
“We are trying to give the market some kind of solid platform where they can introduce new products,” Atkins said. “We will make decisions in the coming months. We are looking for a change in change to try to get that by the end of the year.”
Although he suggested an end-of-year timeline, any decision-making process had to go through several stages that generally lasts each month of time and requires public input.
Just last week, the agency Moved to let exchange exchanges exchange products exchange (ETPS) The handling of goods in the area, including cryptocurrencies, without asking for the agency’s individual analysis each time – a common standard on the list that will reduce barriers for new products. The SEC also releases staff policy statements to act as informal guidance in crypto views, which hold different areas such as memecoins, mining and stablecoins. However, those topics will need formal policies approved by the action level of the commission to obtain a stable legal walking.
Meanwhile, lawmakers in Congress – most particularly Senate Banking Committee and Agriculture Committee – are working on the latest law to set guards around US crypto markets. The proponents of that bill, which are largely the same as the law of the House of Representative’s Digital Asset Market passed with a wide bipartisan vote, have been reported aimed at the committee’s additional action in late October.
“I look forward to Congress acting about it,” Atkins said. While the law clearly defines the roles of the SEC and CFTC and the boundaries between crypto security, goods and other property, Atkins said since its early days running the agency that it could advance the policy without congress.
Read more: US SEC’S ATKINS posted a near-term agency’s agenda jam in Crypto efforts
