A major change is underway, because it moves away from the surprise application and focuses on clear and reliable rules around crypto and digital assets.
Dry Eyes Bold Moves
In a recent interview with Bloomberg, the president of the SEC, Paul Atkins, underlined the work already underway, including a working group in crypto led by Commissioner Hester Peirce. This week, new legislation said that the parts even and the stablecoins are not titles, which will bring an essential certainty on the market.
The SEC also explores an “innovative exemption” to support tokenization while protecting investors. On the Stablecoins, Atkins noted that surveillance has officially moved to bank regulators, in accordance with the new law. He was also asked about the proposals to allow 401 (K) investments in investment capital and crypto.
Dry weighs the crypto in 401 (k) s
Atkins notes that interest is increasing, but strong guarantees and clear disclosure are a must. Atkins noted that private markets differ strongly from public, in particular in terms of liquidity. The agency will work in close collaboration with the Labor Department to guarantee the appropriate directives around various products. “We have to do it intelligently,” he said.
Will the dry allow the crypto in retirement plans?
“Disclosure is the key, people need to know what they get started,” he said. He notes that crypto in retirement plans is not for everyone. But if the request increases, it must be treated carefully. He is impatiently awaiting everything the president offers.
The Trump administration would prepare a decree which would extend 401 (K) investment options beyond traditional shares and obligations to include assets such as crypto.
Dry is preparing for a wave of reforms
Atkins took over as president of the dry in April, promising “a new day at the dry”. Since he took care of, he has reversed more than a dozen proposals from the Biden era. More changes are expected. He suggested revision rules on the disclosure of the remuneration of managers, reduction of reporting requirements for private fundraising advisers and perhaps let the hedge funds have their cryptographic assets.
In the meantime, Atkins said that the dry moves quickly. The second half of 2025 should provide significant regulation activity while the agency continues its transfer to transparency and innovation.
