SEC close to putting out ‘reg crypto’ for fundraising questions, Chair Atkins says
The Securities and Exchange Commission will address fundraising and startup exemptions in this proposal, Paul Atkins told a crowd Monday.
What to know:
- The U.S. Securities and Exchange Commission will publish a “Reg Crypto” proposal soon, after it receives a White House signoff, Chairman Paul Atkins said Monday.
- This proposal will address startup exemptions and fundraising questions.
- Atkins also urged attendees at the crypto event to engage with the 2026 midterm election to “make sure your friends are in Congress.”
He told CoinDesk after his question-and-answer session that the SEC also intends to put out its long-awaited innovation exemption soon.
“We’d love to have reactions and everything else,” he said. “It’s not a rule as such but obviously we need to know how it’s functioning and if people have problems with it or not.”
One aspect to this exemption, he said, is that it wouldn’t disadvantage incumbents and focus solely on startups.
“We want people really to experiment within [that] framework,” he said.
