Paul Atkins Plans Overhaul of SEC’s Crypto Policies
Paul Atkins, the newly appointed Chair of the US Securities and Exchange Commission (SEC), has announced plans to introduce fresh regulatory measures for cryptocurrency tokens deemed to be securities. Speaking at the opening of a public meeting held by the SEC’s crypto task force on Monday, Atkins said the agency aims to create comprehensive guidelines for token distributions and assess the need for additional exemptions within the current legal framework.
He also suggested the SEC may consider revising its rules to permit registered broker-dealers operating alternative trading systems (ATS) to handle trades in non-securities such as bitcoin and ether—the world’s two largest cryptocurrencies. This move could widen…
