#CryptoCPIWatch
The recent SEC crypto roundtable, led by newly appointed Chair Paul Atkins, marks a significant shift in U.S. cryptocurrency regulation. Atkins emphasized the need for clear, official rules supporting the registration, issuance, custody, and trading of digital assets, aiming to replace the existing patchwork of staff pronouncements and guidance with formal commission-level actions .
Key proposals include allowing more flexible asset custody options for registrants and expanding permissible trading to include both security and non-security digital assets. This initiative aligns with ongoing efforts in Congress to build a broader regulatory framework for cryptocurrencies and stablecoins .
The roundtable also highlighted the SEC's intention to create clear guidelines for crypto tokens classified as securities, promoting lawful issuance, custody, and trading of crypto assets while deterring misconduct . This approach contrasts with the previous administration's enforcement-focused stance, signaling a more collaborative relationship between regulators and the crypto industry.
As the SEC moves forward with these regulatory changes, the crypto sector anticipates a more stable and innovation-friendly environment, potentially positioning the U.S. as a leader in the global digital asset landscape.