SEC Withdraws Key Crypto Rules, Signaling Possible Shift in Bitcoin Regulatory Approach
The post SEC Withdraws Key Crypto Rules, Signaling Possible Shift in Bitcoin Regulatory Approach appeared on BitcoinEthereumNews.com.
The U.S. Securities and Exchange Commission (SEC) has officially withdrawn 14 proposed crypto regulatory rules, signaling a significant shift in its approach to digital asset oversight. This move includes rescinding measures that would have expanded the definition of “exchange” to encompass decentralized finance (DeFi) platforms and imposed stringent custody requirements on crypto assets. According to COINOTAG, SEC Chair Paul Atkins emphasized the agency’s commitment to fostering innovation by adopting a more constructive regulatory framework rather than relying on enforcement-driven policies. SEC withdraws key crypto rules, easing regulatory pressure on DeFi and custody providers as Chair Paul Atkins steers agency toward innovation-friendly policies. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); SEC Withdraws Controversial Crypto Rules, Redefining Regulatory Landscape The U.S. Securities and Exchange Commission’s recent decision to rescind 14 proposed rules marks a pivotal moment in the regulation of digital assets. These proposals, introduced between March 2022 and November 2023, included attempts to broaden the legal definition of “exchange” under federal securities laws to cover decentralized exchanges and DeFi protocols. The withdrawn amendment to Rule 3b-16 would have subjected many decentralized platforms to stringent securities regulations, potentially stifling innovation in the sector. By formally withdrawing these proposals, the SEC signals a retreat from aggressive regulatory expansion, opting instead for a more measured approach. The commission clarified that it does not plan to finalize any of these rules but remains…
Filed under: News - @ June 13, 2025 11:26 am