The U.S. Securities and Exchange Commission (SEC) is poised for a significant change in its approach to crypto regulation, with new Chair Paul Atkins promising increased transparency in the space. This shift aims to stabilize the volatile cryptocurrency market and potentially bolster institutional involvement. 2025 sees a departure from Gary Gensler’s aggressive enforcement style, characterized by his classification of most crypto tokens as securities. His successor is known for a more deregulatory approach, aiming to simplify compliance hurdles for companies operating in the industry. 2025 marks a new chapter in regulatory practices, particularly impacting exchanges and asset classifications.