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SEC chairman: crypto framework a top priority; task force work and roundtables ongoing
Summary
SEC Chairman Paul Atkins told a House appropriations subcommittee that developing a clear regulatory framework for crypto markets is a top priority and that the agency will pursue policy through notice-and-comment rulemaking and roundtables.
At a House appropriations subcommittee hearing, Securities and Exchange Commission Chairman Paul Atkins said establishing clear rules for digital assets is a top priority and that the agency will pursue a framework through formal rulemaking.
"A key priority of my chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody, and trading of crypto assets," Atkins told the panel. He said regulators must provide clarity about which digital assets are securities and which are not…
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