SEC Division of Trading and Markets Director Jamie Selway has called for clearer, market-driven regulations in the cryptocurrency sector to enhance innovation and rebuild trust. Speaking at the SIFMA Market Structure Conference on November 20, Selway highlighted the importance of engaging with market participants across digital asset issuance, trading, and custody. He emphasized that market forces should dictate value, ensuring no undue advantage for new or legacy providers. Selway linked the current trust deficit in the crypto market to past enforcement-heavy approaches and noted the evolving competitive landscape, including global exchanges and DeFi platforms. He argued that establishing predictable standards and maintaining active engagement with the industry can reinforce U.S. leadership in digital assets and restore market confidence.