SEC Chair Sets Out Plans For Crypto Taxonomy To Define Digital Asset Classifi...
In recent statements made by Chair Paul Atkins, the US Securities and Exchange Commission (SEC) announced a strategic plan targeted at giving much-needed clarity on the classification of crypto assets. Howey Test And Token Taxonomy In Crypto Atkins highlighted the forthcoming consideration of establishing a “token taxonomy” within the Commission, a structured framework rooted in legal rationale to discern between securities and commodities. He emphasized the importance of adhering to “limiting principles” in laws and regulations to ensure a cohesive approach....
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Speaking before the House Financial Services Committee on Wednesday, US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined plans to develop formal guidance on token classification, aligning the agency with the anticipated crypto market structure legislation known as the CLARITY Act. Aiming For Lasting Crypto Clarity Atkins told lawmakers that regulatory certainty for digital […]
As the latest US government shutdown ends and markets refocus on macro plumbing, Raoul Pal has sketched out a strikingly liquidity-heavy roadmap on X – one that, in his framework, has direct implications for crypto. “So now the US Gov has reopened, what’s next?” Pal asks. He immediately points to the Treasury General Account (TGA): “Expect a few days for TGA spending to begin to significantly add to liquidity and should persist for several months.Obviously, QT ends in Dec and the balance sheet will crawl higher. We should see the dollar begin to weaken again.” Mechanically, TGA....
U.S. Representative Warren Davidson has reintroduced the Token Taxonomy Act to provide regulatory clarity around digital currencies.
In a significant development for the crypto market in the United States, acting Securities and Exchange Commission (SEC) Chair Mark Uyeda announced plans to revise a controversial proposal requiring digital asset exchanges to register under alternative trading system (ATS) rules. Uyeda Critiques Regulatory Approach To Crypto Exchanges Initially introduced in 2022, the proposal sought to […]
Senator Elizabeth Warren, known for her skepticism towards digital assets, along with six fellow lawmakers, has sent a letter to SEC Chair Paul Atkins, raising concerns about President Trump’s proposal to allow 401(k) plans to invest in crypto, warning that this could jeopardize the retirement savings of American workers. Concerns Raised Over Crypto In Retirement […]