SEC Plans to Introduce New Crypto Regulatory Guidelines, Possibly Easing Self-Custody and Exemption Mechanisms
WuBlockMay 12, 2025
SEC Chairman Paul Atkins announced at the fourth cryptocurrency working group roundtable that the SEC will shift towards a more crypto-supportive regulatory policy, planning to formulate new guidelines involving issuance and custody. He pointed out that future policies will be regulated through rulemaking and exemption mechanisms and will consider allowing funds and advisors to self-custody under certain conditions. Additionally, Atkins stated that they will explore whether to provide conditional exemptions for registered or unregistered entities planning to launch new products to accommodate innovative products outside the existing regulatory framework. (TheBlock)
Powered by ChatGPTAll You Need to Know in 10s
1
The "1011 Insider Whale" has seen its cumulative profits return to $1.774 million in the past week after ETH broke through $3,500.
2BTC breaks through $104,000, up 2.26% on the day.
3Bitcoin fell from 2025’s ‘hottest trade,’ but attention will return: Alex Thorn
4Binance Alpha's TIMI Airdrop for this phase generated approximately $30 in rewards per qualifying ID.
5LuBian mining pool was stolen of 127,000 Bitcoins, possibly the same batch as the assets seized by the US Department of Justice.
6Paul Chan: The Hong Kong Monetary Authority proposed more than 40 specific measures during Fintech Week, focusing on areas such as financial tokenization.
7LOL World Championship T1's winning probability rises to 97%, trading volume exceeds $16.50 million.
8Spain arrests suspected ringleader of €260 million cryptocurrency-related Ponzi scheme
9US CFTC to Allow Stablecoins as Tokenized Collateral
10Binance Alpha to List Janction and Allora Airdrops