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๐Ÿ‡บ๐Ÿ‡ธ SEC CHAIR PAUL ATKINS PROPOSES THE FIRST U.S. #BITCOIN AND CRYPTO RULEBOOK WITHOUT CLARITY ๐Ÿ‘€ Atkins says the SEC's newly proposed crypto custody framework is just one part of a much broader push to modernize U.S. financial regulation. His message: โžก๏ธ โ€œOur work is not finished. More regulatory proposals are on the horizon.โ€ The SEC's latest proposal would create a "crypto-specific" custody framework for investment advisers and regulated funds giving them a compliant pathway to custody crypto assets. Atkins says the broader push has already included: โœ… Crypto-specific custody rules proposed โœ… Regulation Crypto Assets proposed โœ… An Innovation Exemption introduced โœ… Guidance on tokenized securities โœ… An SEC interpretation addressing crypto assets and investment contracts In other words ๐Ÿ‘‰ The SEC isn't treating crypto as a temporary regulatory issue. It is building a broader framework around an asset class Atkins says has grown from a niche market into a multi-trillion-dollar ...
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