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:
-
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.
-
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.
-
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.
-
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.”
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
Future US governments could crack down on crypto without clear rules: Coin Center
Failing to pass the crypto market structure bill, known as the CLARITY Act, could leave the door open for a future less industry-friendly US government to crack down on crypto again, Peter Van Valkenburgh the executive director of advocacy group Coin Center says.
In an X post on Friday, Van Valkenb
Cointelegraph3h ago
Lummis Rebuts Criticism, Calls CLARITY Act ‘Strongest Protection’ for DeFi
_Lummis backs stronger DeFi protections, but critics warn unclear rules could still expose developers to legal risk._
As the CLARITY Act moves closer to a Senate committee review, debate around it is intensifying. Critics question whether the bill truly protects DeFi developers from legal risk. Sen
LiveBTCNews4h ago
The President of South Korea nominated Shin Hyun-sung as a candidate for the new governor of the central bank, and Shin has a negative attitude towards the Korean won stablecoin.
Gate News reports that on March 29, South Korean President Lee Jae-myung nominated Shin Hyun Song, the head of the Monetary and Economic Department of the Bank for International Settlements, as a candidate for the new governor of the Bank of Korea. It is reported that Shin Hyun Song is known as a "pragmatic hawk" and holds a negative attitude towards the Korean won-pegged stablecoin promoted by the Lee administration. Shin Hyun Song believes that in countries with highly volatile exchange rates that are susceptible to capital outflows, stablecoins can easily become a tool for capital flight, and stablecoins pegged to the local currency may accelerate this trend.
GateNews6h ago
Canada proposes crypto political donation ban over foreign interference fears
Canada’s federal government has proposed a total ban on cryptocurrency donations to political parties, citing concerns that foreign entities could exploit the technology to interfere in elections.
Known as the Strong and Free Elections Act, the bill was introduced on Thursday and proposed to
Cointelegraph7h ago
The Turkish parliament removed the cryptocurrency tax clause, which was originally intended to impose a 0.3% transaction tax.
Gate News reported that on March 29, the Turkish Parliament removed the tax provisions related to cryptocurrency assets during the deliberation of a comprehensive bill. Previously, the provision aimed to impose a 0.3% transaction tax on cryptocurrency transactions conducted through service providers and to implement withholding tax on cryptocurrency gains. This adjustment stemmed from strong opposition from the opposition party. Turkish officials stated that the relevant content may be reintroduced in the future as separate legislation.
GateNews7h ago
Peter Schiff Warns: Crypto Collateral Mortgages May Drive Up Homebuying Costs and Increase Default Risk
Economist Peter Schiff warns that crypto asset mortgages may increase the cost of home purchases and the risk of default, as borrowers must take on both mortgage and crypto "second loan" interest. This model amplifies leverage levels, raising concerns.
GateNews8h ago
