The U.S. Securities and Exchange Commission (SEC) under Chair Paul Atkins has made a significant decision to withdraw 14 proposed rules regarding cryptocurrency, which could have a substantial impact on the market.
Withdrawal of SEC Proposed Rules
On June 12, 2025, the SEC announced the withdrawal of 14 proposed rules that were introduced during Gary Gensler's tenure. This decision marks an important milestone indicating potential changes in cryptocurrency regulation.
Impact on the Cryptocurrency Market
The withdrawal of these rules is seen as a potential revitalization of U.S. crypto markets, attracting renewed institutional interest. The reduction in regulatory scrutiny could foster greater interest from major investors.
Consequences for Compliance and Innovation
The reduced regulatory pressure from the SEC is expected to encourage investment in the DeFi sector and enhance asset custody services. This development could boost innovation and bring talent back to the market, providing increased liquidity.
The withdrawal of SEC rules could mark the beginning of a new era for U.S. cryptocurrency markets, opening opportunities for growth and improving conditions for crypto businesses.
