SEC chair signals additional crypto rules aimed at keeping U.S. market activity onshore

  • SEC chair signaled additional crypto market rules are in development.
  • Planned rules aim to keep digital-asset activity inside the United States.
  • SEC has not specified covered products, legal mechanisms or implementation dates.

The Securities and Exchange Commission (SEC) plans to advance additional rules for cryptocurrency markets, with the chair framing the effort as a way to keep digital-asset activity in the United States rather than allow it to move to overseas jurisdictions. The announcement confirms that the agency’s crypto rulemaking agenda remains active, but provides no proposed text, covered asset classes, legal mechanism, public-comment schedule or effective date. The SEC is also reviewing confidential crypto ETF filings and faster review timelines involving Grayscale, a16z, Jane Street and Schwab, alongside a broader review focused on crypto funds and prediction markets. Earlier, on October 2, SEC Chair Paul Atkins discussed modernizing crypto asset custody rules established in 1940 for traditional assets. Formal notices in the Federal Register would clarify the scope of any rules and begin the public-comment process. The unresolved SEC-CFTC jurisdictional boundary remains a key issue for market participants, including amid broader industry attention following former CFTC Chairman Giancarlo’s move into full-time crypto consulting.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.