SEC Proposes Rule-Based Approach for Digital Assets: A New Dawn for U.S. Crypto Regulation?

The SEC Chair’s announcement signals a potential shift in the U.S. regulatory landscape for digital assets, promising clarity and potentially fostering innovation. Paul Atkins outlined a new approach to regulation that prioritizes rule-based frameworks over enforcement-first tactics, aiming to provide a more predictable environment for businesses and investors. This move marks a potential turning point for crypto policy in the U.S., offering clarity on long-standing issues like securities classification and custody rules.