SEC Chairman Atkins enters a crucial 12-month regulatory rollout period, focusing on crypto and tokenized securities.
According to Odaily Planet Daily, TD Cowen's Washington research group reports that SEC Chairman Paul Atkins's work agenda has entered its most crucial 12 months since the US government shutdown ended last week. Analyst Jaret Seiberg stated that Atkins's "deregulation agenda" will focus on multiple areas, particularly the development of regulatory rules for the cryptocurrency industry.
Key timeline: Analysts point out that the U.S. SEC needs to begin releasing proposals in the coming months in order to finalize the rules by 2027 and have time to contest and implement them in court by the end of 2028.
Crypto Focus: Atkins' work is expected to include his recently announced "token taxonomy" plan, which aims to classify digital assets as securities. Furthermore, Seiberg anticipates Atkins will focus on tokenized equities and may grant necessary exemptions to online brokers and crypto platforms to facilitate the issuance and trading of tokenized shares.
Broader Agenda: Atkins’ agenda also includes broader regulatory deregulation, such as allowing retail investors access to alternative investments.
The analysis emphasizes that the U.S. SEC, under its new leadership, is actively promoting "Project Crypto," aiming to modernize regulatory rules and coordinate with congressional legislation. (The Block)
