Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
The Securities and Exchange Commission’s (SEC) new regulatory proposal marks a significant step forward from a set of “inapt” <a href="https://xpertsstudio.com/nexo-launches-regulated-crypto/” title=”Nexo Launches Regulated Crypto”>crypto rules to clearer and more enforceable digital asset regulations
A “whole generation has struggled with the SEC’s insistence” and the application of “a set of inapt rules to crypto,” but the SEC’s new crypto guidelines mark an important step toward “putting clear, sensible, enforceable rules in place for crypto offerings,” said Peirce in a statement released on Tuesday.
SEC Chairman Paul S. Atkins also praised the initiative and said that the agency’s prior enforcement-heavy approach has “driven investment offshore, limiting the type of protections that we can provide investors here,” according to a separate statement.
In a Tuesday notice, the SEC proposed new rules to create a “clear and fit-for-purpose framework for certain investment contracts involving crypto assets,” allowing entities to raise capital while preserving investor protections.
The proposal came days after the US Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act, which would provide a comprehensive framework for financial regulators overseeing the crypto industry.
On July 27, Atkins told CNBC the agency was “ready, willing, and able to come out with rules“ on digital assets if the Senate failed to pass the CLARITY Act.
Meanwhile, Galaxy Digital has cut its odds on the CLARITY Act’s chances of passing in 2026 to 10%, warning that multiple political issues remain unresolved and the Senate will have only about two to three weeks to pass it when it reconvenes on Sept. 14.
Magazine:Why Meta is choosing partners over power in its 2026 stablecoin push
Source: cryptonews.net