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?




PiCK News

Will the Iran war drag on… Soaring oil prices freeze risk appetite [New York Stock Market Briefing]

15 minutes ago
Will the Iran war drag on… Soaring oil prices freeze risk appetite [New York Stock Market Briefing]

US Office of the Comptroller of the Currency: "Tokenized securities are no different from traditional securities...to be treated the same for capital"

17 minutes ago
US Office of the Comptroller of the Currency: "Tokenized securities are no different from traditional securities...to be treated the same for capital"

Trump: 'Khamenei’s son is unacceptable… I will be involved in Iran’s succession'

26 minutes ago
Trump: 'Khamenei’s son is unacceptable… I will be involved in Iran’s succession'

Saudi Arabia reroutes crude exports to Red Sea ports amid Hormuz blockade

7 hours ago
Saudi Arabia reroutes crude exports to Red Sea ports amid Hormuz blockade

Richmond Fed President: "Middle East conflict could spark inflation… the Fed can’t ignore long-term shocks"

7 hours ago
Richmond Fed President: "Middle East conflict could spark inflation… the Fed can’t ignore long-term shocks"

Trending News