- SEC’s new crypto regulation initiative under Chairman Paul Atkins.
- Former enforcement-first policy shifts to pro-innovation stance.
- Market may see increased institutional participation in U.S. crypto space.
On August 1st, U.S. SEC Chairman Paul Atkins announced “Project Crypto,” prioritizing a modern regulatory framework for crypto assets, marking a departure from previous enforcement-focused policies.
This pivot aims to reclaim U.S. leadership in crypto finance, impacting Bitcoin and Ethereum markets while encouraging innovation and investor participation.
SEC Greenlights Crypto ETPs to Increase Institutional Access
Paul Atkins, sworn in as SEC Chairman in April 2025, initiated “Project Crypto” to establish a framework focused on clarity and innovation. This shift follows previous enforcement-heavy approaches, aiming to revitalize U.S. leadership in crypto finance. The SEC also approved in-kind creations for crypto ETPs, including Bitcoin and Ether, easing institutional access and trading costs. Paul Atkins emphasized, “Investors will benefit from these approvals,” highlighting a pro-market sentiment. Meanwhile, Commissioner Mark Uyeda advocated for market neutrality, aligning these actions with the Presidential Working Group’s report advocating for modernization.
Bitcoin (BTC) is trading at $115,200.51, with a market cap of $2.29 trillion and dominance at 61.06%, according to CoinMarketCap. Its 24-hour trading volume reached $73.59 billion, showing a 6.59% change. Bitcoin’s price declined 2.60% over 24 hours but rose 19.22% in the last 90 days. With a circulating supply of 19.9 million, its max supply is 21 million. Market trends indicate oscillations yet a stabilized outlook on growth.
When our regulatory posture is calibrated to meet innovation with thoughtfulness rather than fear, America’s leadership position has only grown stronger. — Paul Atkins, Chairman, U.S. SEC.
Bitcoin Charts Show Oscillation Amid Regulatory Changes
Did you know? During the Gensler era, the SEC had a predominantly restrictive stance on crypto, prompting a mass shift of innovation and investments overseas in search of friendlier environments.
The Coincu research team suggests the SEC’s pivot could stimulate financial and regulatory environments, enriching technological evolution by endorsing pro-innovation policies. This could strengthen America’s competitive edge, particularly if complemented by robust legal frameworks supporting crypto integration.
Bitcoin (BTC) is trading at $115,200.51, with a market cap of $2.29 trillion and dominance at 61.06%, according to CoinMarketCap. Its 24-hour trading volume reached $73.59 billion, showing a 6.59% change.
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Source: https://coincu.com/news/sec-transforming-us-crypto-regulation/