SEC Chair Paul Atkins has unveiled a regulatory agenda containing proposed rules that could significantly alter the handling of digital assets in the U.S.
SEC Agenda: Concept of New Rules
On Thursday, the SEC released nearly 20 proposed rules as part of its spring 2025 agenda. These proposals may change the regulatory landscape for the crypto industry. Atkins noted that the agenda reflects a departure from several initiatives of the previous administration that do not align with the goal of adaptive and sensible regulation.
Proposed Changes and Their Impact on the Market
Among the proposals are certain exemptions and safe harbors related to the offer and sale of crypto assets, as well as amendments to the Exchange Act that could reduce regulatory oversight for crypto firms. The proposals also address easing broker-dealer financial responsibility rules, potentially lightening the reporting burden for crypto companies.
Process of Implementing New Rules
Although the proposals are part of Atkins' agenda, they must go through an extensive process before adoption, including a public comment period and review. Since the resignation of former SEC Chair Gary Gensler, the commission has changed its approach, dropping long-term investigations and lawsuits.
The SEC's proposed changes to the regulation of digital assets could create a more flexible and secure environment for cryptocurrency projects. However, the process of implementation will require time and public discussion.
