The US Securities and Exchange Commission (SEC) Chairman Paul Atkins has released a regulatory agenda containing proposed policies that can significantly affect how the agency manages digital property.
In a notice on Thursday, the SEC released about 20 suggested policies as part of the agenda of Spring 2025. Although each proposal has varying in terms of potential impact on the crypto industry, many have suggested that the commission will continue to soften its implementation strategy, establishing safe harbor and rearrangement of existing regulations to benefit projects.
“The agenda covers the potential proposal of the rule related to the offer and sale of crypto assets to help clarify the regulatory framework for crypto possessions and provide greater certainty to the market,” Atkins said, and added: “(…) the agenda reflects our removal of a host of items from the last management wise, effective, and appropriately applicable within our revolutionaries. ”
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What’s on the SEC agenda?
Among the proposed SEC Agenda Policy Ay Includes “some exceptions and safe Harbours” related to the offer and sale of crypto assets, and amended the Exchange Act “to account for the trade of crypto assets in (alternative trading systems) and national security exchange.”
Changes may allow crypto companies to operate with less regulatory administration and reduce the risk of legal action.
Other proposals have suggested to change the rules of broker-dealer’s financial responsibility, “which could reduce the burden on crypto companies reporting data.
Broker-Dealer policies have been a point of dispute For many in the crypto industry by placing identify your customer regulations and anti-money laundering on networks, there is often no way to gather such data.
However, it is noteworthy that the proposed rule changes suggesting “modernizing” the SEC framework to accommodate cryptocurrencies.
The Commission recommends the Investment Advisers Act of 1940, which releases care regulations, become “improved” to meet crypto – less than eight months after a proposed rule change suggested carrying digital assets under strict guidelines has been deleted.
Although suggested as part of the Atkins’ and Agenda of the SEC, the rules must go through a broad process before adoption, including a period of comment and public review.
Since the resignation of former SEC chairman Gary Gensler on January 20, many of the commission’s decisions represent a complete face: collapse of long investigations and suits and suits and The release of statements suggesting that it will change Its approach to implementation. As the SEC chair, the Atkins have several authorities to interpret the rules and guidelines of the Crypto commission.
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