SEC Chairman Paul S. Atkins announced at ETHDenver that the SEC will advance several crypto-related regulatory initiatives in the coming weeks and months. These include collaborating with the CFTC on Project Crypto to study the 'investment contract' framework, proposing rules to support crypto asset financing, and clarifying through no-action letters or exemptions whether wallets and user interfaces need to register under the Securities Exchange Act. Additionally, the SEC plans to develop rules for brokers to custody non-securities crypto assets, including payment stablecoins, and modernize transfer agent rules to accommodate blockchain's role in record-keeping.
SEC to Advance Crypto Regulations in Collaboration with CFTC
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