Regulation· ★★★★· bullish·

SEC Chair Atkins Vows More Crypto Rules to Keep Markets Onshore

  • —SEC proposed modernizing crypto custody rules unchanged since 1940
  • —Atkins tied the push to the Senate's failure to pass the CLARITY Act last month
  • —The agency previously introduced Regulation Crypto Assets and a 5-year Innovation Exemption sandbox
  • —Former SEC internet enforcement chief John Reed Stark said the move exceeds the agency's authority
Why it matters: The SEC's expanding rulemaking sets the compliance bar for US crypto firms and could accelerate institutional inflows into digital assets.
Source: Bitcoin.com
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