SEC Proposes Major Changes to Crypto Regulation, Embracing a More Deregulatory Approach

SEC Chair Paul S. Atkins unveiled a bold new agenda outlining potential changes to the crypto landscape. The proposal seeks to clarify regulations for crypto issuance, custody, and trading, aiming to streamline compliance burdens while strengthening investor protection. This shift towards deregulation is expected to fuel capital formation in the industry and facilitate greater integration with traditional finance.