A transformation is happening at the SEC. It’s a “new day” at the agency, according to Chair Paul Atkins, and the traditional emphasis on investor protection is yielding to the goals of reducing regulation and promoting innovation.
This is particularly true for crypto. Once the federal government shutdown is fully resolved, expect the SEC to move faster next year than it has 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’s even started calling the agency the “Securities and ...