As noted, the president of the stock exchange and values commission, Paul Atkins, is carrying his agency’s political agenda with cryptographic work, according to the program revealed Thursday, revealing what the president called a “new day” for the sector.
“The agenda covers proposals for potential rules related to the supply and sale of cryptography assets to help clarify the regulatory framework for encryption assets and provide greater certainty to the market,” ATKINS said in a statement. “A key priority of my presidency are the clear rules of the road for the issuance, custody and trade of cryptographic assets while they continue to discourage the bad actors to violate the law.”
The rest of the agenda points to a campaign to relax the limitations in stock companies and rethink the so -called “consolidated auditing sendera” destined to track the transactions of American values live. Digital assets represent the main area of the new regulation in an agency leadership that otherwise they are suspicious of imposing new rules, the agenda indicates.
The agenda places an April objective for proposing a rule on the offer and sale of cryptographic assets, including safe exemptions and ports, and in the same period it intends to recommend another rule that modifies the rules of the agency’s exchange law of the agency to handle the trade of digital assets in “alternative trade systems” (ATS) and exchanges of national values.
Federal regulators routinely present these agendas for public scrutiny, despite the fact that schedules that are often not reliable. Instead, policy observers are widely seen as a broad indicator of the management of an agency.
However, before establishing cryptographic regulations, the SEC and its guard dog of the Hermanos Markets, the Basic Products Trade Commission, issued a joint statement earlier this week saying that the registered platforms they supervise can handle the spot cryptography trade and should go to them to obtain more clarity on how to address it.
The SEC has embarked on what Atkins, who advised cryptographic companies in the private sector, called “Crypto Project” to allow the jump from the industry to conventional finances. The CFTC has been executing what the interim president Caroline Pham calls a “cryptographic sprint” to the same end. Both routinely say they are working quickly to try to meet the expectations of President Donald Trump that the United States supports the industry enough to become the global leader in this technology.
Read more: Atkins of the SEC: ‘Most cryptographic assets are not values’ under a new bold vision
