The U.S. Securities and Exchange Commission is heading toward a year-end goal for its effort to get crypto firms pushing new products under the regulator’s oversight, Chairman Paul Atkins said in a Tuesday interview on Fox Business.
The pro-digital assets rhetoric from Atkins is on-brand for his campaign to roll out friendly policies for the industry, aligned with orders from President Donald Trump. Both the SEC and the Commodity Futures Trading Commission said earlier this month that they’re inviting existing registered firms to move forward on crypto activity and that they should just check in with any questions about how to proceed, and the SEC also posted a public agenda that reflected planned rules on the offer and sale of crypto securities, including exemptions and safe harbors.
“We’re trying to give the marketplace some kind of stable platform upon which they can introduce new products,” Atkins said. “We’ll be doing rulemaking in the coming months. We’re looking for an innovation exemption to try to get that in place by year end.”
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Author: Jesse Hamilton
