A transformation is happening at the SEC. It’s a “new day” at the agency, according to Chairman Paul Atkins, and the traditional emphasis on investor protection is giving way to goals of reducing regulation and promoting innovation.
This is particularly true for cryptocurrencies. Once the federal government shutdown is fully resolved, expect the SEC to act more quickly next year than since the 2008 financial crisis to create a crypto-friendly legal framework. The SEC will move relatively quickly to create clearer compliance rules for crypto.
The Innovation Commission
Under Atkins, who even began calling the agency “securities and…
