FILE PHOTO: Chairman of the Securities and Exchange Commission (SEC) Paul Atkins looks on during his swearing-in ceremony, at the White House in Washington, D.C., U.S., April 22, 2025. REUTERS/Kevin Lamarque/File photo
(Reuters) -The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed for tailored rules.
Securities and Exchange Commission Chair Paul Atkins laid out numerous pro-crypto plans in remarks delivered in Washington, including that he has directed commission staff to craft guidelines to determine when a crypto token is a security as well as proposals for a wide range of disclosures and exemptions.
