SEC’s ‘future-proofing’ push to shape crypto regulations after Trump

Paul Atkins, the new chair of the US Securities and Exchange Commission (SEC), is rapidly moving to establish policies that will define the future of the crypto market under the Trump administration. At a recent conference, Atkins emphasized the importance of quickly adopting rules to 'future-proof' his agenda, particularly regarding public and private market regulations that may affect cryptocurrencies. He expressed optimism about collaboration among US regulators to create lasting frameworks. Prior to Atkins, former acting Chair Mark Uyeda had already shifted the SEC's approach to digital assets, closing investigations against crypto firms and forming a crypto task force. Under Atkins, changes have been made to listing standards for crypto ETFs and discussions are ongoing regarding quarterly reporting requirements and possible stock trading on the blockchain. However, experts like David B. Hoppe note that future SEC chairs could adjust internal priorities or policies established under Atkins, potentially reverting to a more stringent regulatory stance on cryptocurrencies. Additionally, upcoming market structure legislation could significantly alter SEC regulations, with changes requiring Congressional action to undo.

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