As he wants to sign, the Chairman of the Securities and Exchange Commission Paul Atkins has downloaded his agency policy agenda with a crypto work, according to a program revealed on Thursday Chairman called a “new day” For the sector.
“The agenda covers the potential proposal of the rule related to the offer and sale of crypto assets to help clarify the regulation framework for crypto assets and provide greater certainty to the market,” Atkins said in a statement. “A top priority of my chairman is clearly road policies for releasing, caution, and trading of crypto assets as evil actors continue to disturb the law from breaking the law.”
The rest of the agenda points to a campaign to relax barriers to security companies and re-reflect the so-called “integrated audit trail” system intended to monitor US securities transactions on a live basis. Digital assets represent the leading area of the new regulation on an agency leadership otherwise it has been applying the imposition of new policies, The agenda indicates.
The agenda puts the target April for suggesting a policy on offer and sale of crypto assets, along with exceptions and safe Harbers, and at the same time intends to recommend another rule to amend the agency’s Securities Exchange policies to handle the trading of digital assets in “alternative trading systems” (ATS) and exchange of national security.
Federal regulators regularly file agendas for public investigation, although the schedules they set often prove that they are unreliable. Instead, they are widely seen by policy observers as a broad indicator of the direction of an agency.
Well before setting up crypto regulations, however, the SEC and the guardian of the brother’s market, the Commodity Futures Trading Commission, released a joint statement earlier this week stating the registered platforms they are working on can handle the crypto trading spot And they should come to them for further clarity on how it approaches.
The SEC began with what Atkins, who advised crypto companies in the private sector, called “Project Crypto” to enable the industry’s leaping to basic finance. The CFTC runs what is called Acting Chairman Caroline Pham which is a “crypto sprint” at both ends. Both regularly say they are fast working to try to meet President Donald Trump’s expectations that the US supports the industry enough that it has become a global leader in this technology.
Read more: Sec’s Atkins: ‘Most Crypto assets are not security’ under the air new vision
