The U.S. Securities and Exchange Commission (SEC) will adopt a notice and comment process for cryptocurrency regulations, marking a departure from its previous enforcement-centric approach. Under the leadership of new Chair Paul Atkins, this change aims to foster transparency and predictability by allowing public input on proposed rules before they are finalized. The process, guided by the Administrative Procedure Act, involves publishing proposed regulations, soliciting public comments, and addressing significant feedback. This shift is expected to influence regulatory decisions on ETFs, DeFi, and stablecoins, with formal outcomes anticipated by late 2025 or early 2026. The move has garnered bipartisan support, with both Democrats and Republicans advocating for clearer regulatory guidance from the SEC.