SEC Chairman Paul Atkins is presenting his new proposed Regulation Crypto Assets as a deliberate effort to bring back crypto companies that left the United States over the past four years. He argues that aggressive enforcement actions, rather than unclear regulations, drove away crypto developers from the country. The proposal includes two capital-raising exemptions, but Atkins emphasizes that only legislation like the CLARITY Act can establish lasting rules. This bill aims to split oversight of crypto assets between the SEC and the CFTC.
Source: Read the original article
