CandleFocus

SEC’s 90-day crypto reform plan under Trump

Author: Content Editor
The crypto industry hopes for improved relations with the SEC under Paul Atkins, who has introduced a 90-day plan focused on clearer regulations, halting unnecessary litigation, and removing outdated rules. The plan aims to rebuild trust and encourage innovation. The Digital Chamber's Token Alliance is urging the SEC to recognize that most crypto participants act responsibly and to adopt a more transparent approach. The plan suggests reviewing current crypto-related investigations and pausing litigation in non-fraud cases. It also calls for removing outdated rules and creating clear and consistent rules to help businesses. The Token Alliance is also concerned about the burden of SAB 121 and the SEC's plan to expand "exchanges" to cover DeFi platforms. Atkins, along with Commissioners Peirce and Uyedah, could guide the SEC towards a fairer and clearer regulatory system. The next 90 days will be critical for determining if the SEC can build trust with the crypto industry and adopt a more balanced approach.

Related News