“To meet President Trump’s goal of ensuring the United States is the crypto capital of the world, we are embracing innovation to bring more products onshore, creating clear rules for capital raising with crypto assets, and providing clarity on how market participants can handle and facilitate on-chain trading of tokenized securities,” Atkins said in a statement that any other crypto agency led on Tuesday. effort.
As the process of advancing a crypto market structure bill has languished in Congress, the SEC has been a bright spot for the industry’s regulatory hopes, though the agency has sometimes moved more slowly to issue policies than expected. When Atkins addressed this upcoming regulation nearly four months ago in mid-March, he said it would be proposed in “the coming weeks.”
The busy new SEC agenda has “Regulation Crypto” slated for July, though it’s still under review at the White House Office of Information and Regulatory Affairs. When proposed, it would mark the first major crypto-specific rulemaking pursued under Atkins’ leadership. Although the regulator has established a wide range of staff statements and guidance on crypto, these positions do not carry the weight of a full rule that cannot be changed easily when future leaders arrive at the agency with different ideas.
