The reported rulemaking effort would seek to create a more structured framework for digital assets through the SEC (U.S. securities regulator).
The SEC under Chair Paul Atkins is reportedly preparing a formal rulemaking package called "Regulation Crypto" to build a structured regulatory framework for digital assets. If pursued, a formal rulemaking process could mark a more systematic approach to crypto oversight by the SEC (U.S. securities regulator), which has played a central role in determining how digital assets are treated under U.S. securities law.