The SEC Chairman announced adjustments to Crypto Assets regulatory policies and will formulate new guidelines.
According to Gate.io News bot, TheBlock reported that SEC Chairman Paul Atkins announced regulatory policy adjustments at the fourth cryptocurrency working group roundtable meeting. The SEC plans to formulate new guidelines involving the issuance and custody of Crypto Assets, regulating through rule-making and exemption mechanisms. Under specific conditions, funds and advisers are allowed to self-custody. Atkins also suggested that the SEC is studying providing conditional exemptions for registered or unregistered institutions to accommodate innovative products.