Atkins Vows More Crypto Rule Changes to Keep Markets Onshore

Crypto Insight Summary: SEC Chair Paul Atkins’ statements come as the agency proposes a new regulatory framework regarding the custody of crypto assets. He stressed that the SEC is taking on the crypto-regulation task after the Senate failed to pass the CLARITY Act last month. SEC Chair Stresses More Crypto Regulation Is Coming The Securities and Exchange Commission […] Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Increased regulatory scrutiny may deter institutional investors.