'It's Not the End, but the Beginning': SEC Chair Announces New Framework for Cryptocurrency Regulation

Acknowledging Past Enforcement Bias

On the 19th, during the annual 'SEC Speaks' event, SEC Chairman Paul Atkins announced the development of a new regulatory framework for the cryptocurrency market.

Chairman Atkins first reviewed the SEC's past actions, noting that 'for many years, the market has been addressed not through rule-making but through the power of enforcement agencies.' He emphasized the need for a clear path to compliance...