The president of the Securities and Exchange Commission), Paul Atkins, has published a regulatory program containing proposed rules which could considerably affect the way the agency manages digital assets.
In an opinion Thursday, the SEC published around twenty rules proposed within the framework of its Printemps 2025 program. Although each proposal varies in terms of potential impact on cryptographic industry, many have suggested that the Commission would continue to mitigate its application approach, establish safe ports and restructure existing regulations for the benefit of projects.
“The agenda covers the proposals for potential rules related to the offer and sale of cryptographic assets to help clarify the regulatory framework for cryptographic assets and provide a greater certainty to the market,” said Atkins, adding: “(…) The agenda reflects our withdrawal of the multitude of articles from the last administration which do not align with the objective that should be intelligent, appropriate and appropriate in our permanent. “
What is in the dry agenda?
Among the rules proposed in the SEC agenda, there were “certain exemptions and safe ports” linked to the supply and sale of cryptographic assets, and to the modification of the law on exchange “to take into account the trading of cryptographic assets on (alternative negotiation systems) and national exchange of securities”.
Changes could allow cryptographic companies to operate with less regulatory surveillance and reduce the risk of legal proceedings.
Other proposals have suggested modifying the “rules of financial responsibility of the broker”, which could reduce the burden of cryptographic companies that report data.
The rules of the broker were a point of discord for many in the cryptography industry by placing the knowledge of your customer and anti-flowage regulations on the networks, often without the means of collecting such data.
However, the proposed rules of rules suggest “modernizing” the frame of dry to adapt to cryptocurrencies.
The Commission proposed that the 1940 law on investment advisers, which presents childcare regulations, is “improved” to tackle the crypto – less than eight months after changing the rules, which suggested that the realization of digital assets under stricular guidelines has been canceled.
Although proposed in the agenda of the agenda of Atkins and the dry, the rules must go through an in -depth process before adoption, including a period of public comments and a review.
Since the resignation of the former president of the SEC, Gary Gensler, on January 20, many of the decisions of the Commission represented a complete approach: to abandon surveys and prosecution and to issue declarations suggesting that she would modify her approach to the application. As president of the SEC, Atkins has the power to interpret the rules and directives of the commission on the crypto.
