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SEC Chair Paul Atkins Says Additional Crypto Rule Proposals Are Coming

Source
JH Kim

Summary

  • Paul Atkins, chair of the U.S. SEC, said he plans to introduce additional crypto asset regulatory proposals in the future.
  • He said the recently proposed crypto custody rule for investment advisers and regulated funds was a step toward building a broader crypto regulatory framework.
  • The SEC had earlier formally proposed a new regulatory framework for crypto custody by investment advisers and regulated funds.
Photo: Shutterstock
Photo: Shutterstock

Paul Atkins, chair of the U.S. Securities and Exchange Commission, said he plans to roll out additional regulatory proposals for crypto assets.

Watcher.Guru reported on October 2 that Atkins said the agency’s recently proposed crypto custody rule for investment advisers and regulated funds was part of a broader effort to build a more comprehensive regulatory framework for digital assets.

He added that more crypto regulatory proposals will follow.

The SEC had earlier formally proposed a new regulatory framework for the custody of crypto assets by investment advisers and regulated funds.

#Crypto Regulation
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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