- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The SEC Proposes Safe Harbor for Cryptocurrency and Amends Broker-Dealer Risk Assessment Rules
BlockBeats News, September 5th, the U.S. Securities and Exchange Commission (SEC) proposed to provide a safe harbor for cryptocurrency and reform the broker-dealer rule, the proposed rule changes may affect the SEC's guidance on broker-dealers, custody, and reporting, or may allow cryptocurrency companies to operate in the United States with less regulatory oversight and reduce the risk of legal action. The proposed rules include amending the "Exchange Act" to "consider trading crypto assets on alternative trading systems and national securities exchanges," as well as amending the "broker-dealer financial responsibility rules," which may reduce the burden on cryptocurrency companies in reporting data. Although the impact of each proposal on the cryptocurrency industry varies, many proposals indicate that the Commission will continue to soften its enforcement approach, establish a safe harbor, and restructure existing regulations to benefit relevant crypto projects.
SEC Chairman Paul Atkins stated: "The agenda covers potential rule proposals related to the issuance and sale of crypto assets to help clarify the regulatory framework for crypto assets and provide greater certainty to the market. We have withdrawn a series of projects from the previous administration that did not align with the goal of regulating in a smart, effective, and appropriately tailored manner within statutory authority."
You may also like
Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report
During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance
OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
In the next 5 years, Vitalik will expand Ethereum in this way
WBT Pulled a Quiet 15X While Everyone Was Watching Meme Coins
WBT, the native token of WhiteBIT exchange, surged from under $6 in 2023 to over $50 by 2026,…
Bank of Japan to Test Blockchain-Based Reserve Settlement Platform
Key Takeaways The Bank of Japan (BOJ) is leading the way as the first G7 member to explore…
Ethereum Price Prediction: Whales Impact 7th Red Month as RWA Sector Achieves $15B Record
Key Takeaways: Ethereum is on the brink of recording its seventh consecutive red month, indicating a potential prolonged…
VanEck’s Macro Bottom Thesis: Is the $60K–$70K Floor the Real Cycle Reset?
Key Takeaways VanEck CEO Jan van Eck asserts that Bitcoin is forming a macro market bottom around the…
WBT Did a Quiet 15X While Everyone Focused on Meme Coins
Key Takeaways WBT, WhiteBIT’s native cryptocurrency, has surged over 3,000% from its lowest point in late 2022 to…
Arthur Hayes Forecasts Bitcoin Price Surge to $750,000 by 2027 Due to Monetary Expansion
Key Takeaways Arthur Hayes, co-founder of BitMEX, forecasts Bitcoin’s price to reach $250,000 in 2026 and then surge…
Iranian Exchange Outflow Surges 700% Amid Stiffening USDT Sanctions
Key Takeaways: Iranian cryptocurrency exchange outflows surged by 700% following military strikes, signaling rapid capital flight from the…
Crypto Price Prediction Today 2 March – XRP, Bitcoin, Ethereum
Key Takeaways XRP is poised to potentially reach $5, driven by its role in stablecoin and tokenized asset…
Solana Price Outlook: Why A Billion-Dollar Loss Didn’t Deter This SOL Whale — What Insight Do They Have?
Key Takeaways A major institutional investor in Solana withstands a huge unrealized loss, maintaining confidence in the long-term…
Bitcoin Price Prediction: $1 Billion Floods Back Into Crypto ETFs — Is the Bull Run Restarting?
Key Takeaways A notable $1 billion has re-entered crypto exchange-traded products, hinting at potential upward momentum in Bitcoin…
Ethereum Price and BitMine Shares Jump 10% After Latest Treasury Buy
Key Takeaways BitMine Immersion Technologies has embarked on a bold move by purchasing a significant amount of Ethereum,…
Bitcoin Price Prediction: Fear Just Hit a Level Seen Only Twice Before — What Happens Next Could Change Everything
Key Takeaways Bitcoin’s price has dropped towards $60,000, paralleling a significant drop in market sentiment, hitting a level…
XRP Price Prediction: Are Investors Ready to Unload $650 Million XRP?
Key Takeaways A significant inflow of approximately 472 million XRP, valued at about $650 million, has been transferred…
Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report
During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance
OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
In the next 5 years, Vitalik will expand Ethereum in this way
WBT Pulled a Quiet 15X While Everyone Was Watching Meme Coins
WBT, the native token of WhiteBIT exchange, surged from under $6 in 2023 to over $50 by 2026,…
App