SEC considers new rules for onchain markets

The U.S. Securities and Exchange Commission (SEC) is exploring new rulemaking for onchain market structures and associated software applications. SEC Chair Paul Atkins acknowledged that current software applications do not fit neatly into existing regulatory categories like clearing agencies, brokers, or exchanges. This stance suggests a potentially more crypto-friendly approach compared to previous administrations, which may be welcomed by industry groups. The agency aims to clarify how its established regulatory framework applies to these evolving digital asset markets.