SEC Chairman Paul Atkins signals cryptocurrency regulation direction, clarifies investment contract framework, and advances innovation exemptions and rulemaking

ChainCatcher News, the official website of the U.S. Securities and Exchange Commission published a speech by Chair Paul Atkins at the ETHDenver conference, which outlined the agency’s direction for cryptocurrency regulation, mainly including:

  1. Clarification of the “Investment Contract” Framework: The commission will study and publish a framework to clarify under what circumstances crypto assets constitute investment contracts, as well as their formation and termination mechanisms.

  2. Innovation Exemptions: Consider establishing innovation exemptions to allow pilot trading of certain tokenized securities under restricted conditions, including limited trading on new platforms such as automated market makers, to accumulate experience for long-term regulatory frameworks.

  3. Advancement of Rules and Guidelines: Plans to initiate or promote rulemaking on topics such as crypto asset financing pathways, broker-dealer custody of non-security crypto assets (including payment stablecoins), and modernization of transfer agent rules; and to continue providing clarity through no-action letters and exemption orders for scenarios like wallets and user interfaces that do not require registration.

  4. Regulatory Philosophy: Paul Atkins emphasized that regulators should not react to short-term price fluctuations. The SEC’s responsibility is to ensure full disclosure of information and clear rules, enabling market participants to make decisions in a transparent environment, rather than “protecting prices.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Argentina Moves to Restrict Polymarket, Calls It Illegal Gambling

Argentina has blocked access to the crypto prediction platform Polymarket after a court ruled it operates as unlicensed gambling, indicating heightened regulatory scrutiny of such services amid increasing digital asset adoption.

TodayqNews15m ago

SEC's Crypto Stance Takes Major U-Turn, DeFi Lobbying Group Withdraws Airdrop Lawsuit

Beba in Texas and the DeFi Education Fund withdrew their lawsuit against the SEC following improvements in the SEC's policy environment, including Commissioner Pierce's statement that free airdrops do not constitute securities. The withdrawal demonstrates a positive response to the SEC's new policies while preserving the right to refile in the future.

MarketWhisper15m ago

DeFi Lobbying Group Withdraws Airdrop Lawsuit Against US SEC, Citing Changed Regulatory Landscape for Crypto Industry

Texas apparel company Beba and DeFi Education Fund voluntarily withdrew their lawsuit against the U.S. SEC, as statements from the SEC's crypto task force and Commissioner Peirce may influence regulatory treatment of airdrops. The withdrawal preserves the right to refile the case in the future.

GateNews59m ago

Argentina Orders Polymarket Blockade, Accurate Inflation Predictions Suspected of Insider Trading

Argentina has blocked the prediction market platform Polymarket, citing unusual market reversals that occurred before official inflation data releases, which raised insider trading concerns. A court ordered internet service providers to execute the block, bringing the number of countries restricting the platform to over 30. The legal basis for the block involves consumer protection and gambling regulation issues.

MarketWhisper1h ago

# Are Influencer Trading Experts Fake? US-Based TJR Exposed for Course Income Reaching $2 Million

US trading influencer ImanTrading has accused fellow trading influencer TJR of performance fabrication, over-enrolling in courses, and profiting from promoting and then dumping cryptocurrencies, which has garnered widespread attention. The video points out that TJR's trading records appear to be manually entered rather than from actual accounts, and accuses him of creating illusions through exaggerated wealth narratives and simulated account displays. These issues are similar to long-standing phenomena in Taiwan's crypto community, reminding investors to carefully assess the true capabilities of trading influencers.

MarketWhisper3h ago

Polymarket Iran Missile Prediction Sparks Journalist Death Threats, Platform Bans Users Behind Reports

Decentralized prediction market platform Polymarket has blocked multiple bettors due to death threats issued against journalist Fabian. The incident stemmed from a report about Iranian missile strikes. The threatened journalist stated that people attempted to pressure him into modifying the report to influence betting outcomes. The incident has sparked discussions about prediction market regulation, highlighting potential threats to press independence and professional ethics.

MarketWhisper3h ago
Comment
0/400
No comments