In a recent speech, SEC Chairman Gary Atkins presented a plan aimed at positioning the U.S. at the center of digital finance. New rules propose a clear differentiation between various types of crypto-assets.
New SEC Rules for Crypto-assets
The SEC's plan departs from its previous stance and offers clear rules for classifying assets, including commodities, stablecoins, and tokenized securities.
Impact on the Market and Brokers
The SEC’s proposal would allow broker-dealers to manage both traditional and crypto products under a single license, potentially opening the door for decentralized finance platforms to operate within regulated markets.
The Future of Financial Innovations
Atkins views this step as part of a long tradition of market evolution in the U.S. He emphasized the importance of integrating 24/7 markets and instant settlements to attract innovation back to the country. In response to criticism, he stated: 'We will not follow. We will lead, and the next chapter of financial innovation will be written here.'
The proposed changes by the SEC could lead to significant transformations in the financial market, opening new opportunities for innovations and the integration of crypto-assets into regulated systems.
