Atkins: More SEC Crypto Regulation Proposals Coming Soon
Prefer us on GoogleAtkins stated that the custody provisions of the current Investment Advisers Act and Investment Company Act predate the advent of the internet, and the custody capabilities for new assets often lag by several months after their launch. The SEC's custody rule proposal aims to fill this gap. Atkins also outlined the current SEC's crypto regulatory measures, including ending "regulation by enforcement," arrangements related to tokenized securities, the proposed framework for Regulation Crypto Assets, and "innovation exemptions," stating that more regulatory proposals are on the way.
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