On October 20, Circle submitted comments to the Securities and Exchange Commission on its proposed Regulation Crypto Assets, which would establish a tailored framework for certain crypto-asset offerings and investment contracts.

Circle supports the proposal’s goal of fostering innovation under clear rules while preserving the strengths of U.S. capital markets, including transparency, investor protection, market integrity, liquidity, and efficiency. Blockchain networks can complement those strengths through faster settlement, programmable transactions, transparent records, and improved auditability.

Circle’s comments emphasize the importance of technology neutrality. 

Permissionless networks like Arc offer the potential for scale and…