The SEC plans to transition from enforcement to structured cryptocurrency guidelines under Chairman Paul Atkins. This shift aims to resolve compliance bottlenecks and provide clarity on crypto asset issuance, custody, and trading.
Atkins's approach contrasts with the previous administration's enforcement-focused strategy, as he seeks to establish comprehensive regulatory frameworks.
The crypto community has reacted positively, anticipating increased institutional interest and smoother market participation. The goal is to create clear 'rules of the road' for all stakeholders while discouraging bad actors.
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