SEC’s Evolving Stance on Crypto Regulation: Possibilities with New Leadership and Paul Atkins
The post SEC’s Evolving Stance on Crypto Regulation: Possibilities with New Leadership and Paul Atkins appeared on BitcoinEthereumNews.com.
The regulatory landscape for cryptocurrencies is shifting, as the SEC appears to be adopting a new, more flexible stance under Acting Chair Mark Uyeda. Recent discussions surrounding crypto regulation signal a potential departure from strict enforcement to a more innovative approach, appealing to industry stakeholders. Uyeda remarked, “A time-limited, conditional exempt relief framework could allow for greater innovation with blockchain technology within the United States in the near term,” highlighting the SEC’s evolving perspective. The SEC’s proposed regulatory changes could lead to a more innovative crypto market, with temporary frameworks paving the way for clearer guidelines. Acting SEC Chair calls for temporary fixes Amid this backdrop, Acting SEC Chair Mark Uyeda proposed the idea of a temporary regulatory framework during a roundtable held on April 11. It brought together major industry players like Coinbase, Uniswap Labs, FalconX, and representatives from the NYSE. The session, titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading,” marked the second in a five-part series aimed at reshaping crypto oversight. Remarking on the same, Uyeda said, “While the Commission works to develop a long-term solution to address these issues, a time-limited, conditional exempt relief framework for registrants and non-registrants could allow for greater innovation with blockchain technology within the United States in the near term.” Does this signal a shift from Gensler’s regulatory grip? Needless to say, Uyeda and the SEC are signaling a shift from the previous administration’s hardline position on crypto. Previously, Uyeda had suggested revisiting a controversial Biden-era proposal that imposed stricter crypto custody rules on investment advisers, pointing out industry concerns over its broad scope. In line with this, during the SEC roundtable with executives from Coinbase, Uniswap Labs, and Cumberland DRW, Uyeda emphasized the necessity for a temporary fix as deliberations for a long-term solution continue.…
Filed under: News - @ April 12, 2025 11:11 am