SEC Chair: “The U.S. needs rules for the cryptoasset market”

Source
JH Kim

Summary

  • Paul Atkins, chair of the U.S. Securities and Exchange Commission, said clear rules are needed for the U.S. cryptoasset (cryptocurrency) market.
  • He said that if regulatory clarity is secured, market participants would be able to run their businesses in a more stable environment.
  • He added that policy discussions over a cryptoasset regulatory framework are continuing in the United States, including ongoing debate over the CLARITY Act, a crypto market structure bill.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

Paul Atkins, chair of the U.S. Securities and Exchange Commission (SEC), said clear rules are needed for the domestic cryptoasset (cryptocurrency) market.

According to Watcher.Guru on X (formerly Twitter) on the 5th (local time), Atkins said, “The United States needs a clear regulatory framework for the cryptoasset market.”

He explained that if regulatory clarity is secured, market participants would be able to operate their businesses in a more stable environment.

In the United States, policy discussions over a cryptoasset regulatory framework have continued, including ongoing debate over the CLARITY Act, a bill on crypto market structure.

Photo=Shutterstock
Photo=Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?