SEC Chief Plans More Crypto Regulations Amid Ongoing Framework Building

Paul Atkins, chair of the U.S. Securities and Exchange Commission (SEC), has hinted at introducing additional crypto asset regulatory proposals in the future.

In a recent statement, Atkins said that the recently proposed crypto custody rule for investment advisers and regulated funds was part of a broader effort to build a more comprehensive regulatory framework for digital assets.

The SEC had earlier formally proposed a new regulatory framework for the custody of crypto assets by investment advisers and regulated funds, with no specific date mentioned in the source. Atkins emphasized that this proposal is just one step towards building a more robust framework.