SEC unveils reform agenda with focus on crypto industry

The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda for the coming months, with a strong emphasis on the cryptocurrency sector.

The document outlines new rules for the offering and sale of digital assets, including potential exemptions and “safe harbors” for projects.

“This reflects a shift in the regulator’s approach toward supporting innovation and reducing excessive burdens,” said SEC Chair Paul Atkins.

A key element is the proposal to amend existing laws to permit trading of cryptocurrencies on national stock exchanges and alternative trading systems. Experts view this as a major step forward for the industry if adopted.

The agenda also includes plans to ease disclosure and compliance requirements for public companies, streamline shareholder proposal processes, and reduce administrative burdens.

In total, about 20 rule changes are under consideration, affecting brokers, dealers, and custodial services. Among them is a review of financial responsibility standards and clarification on how broker-dealer rules apply to digital assets.

Another focus is modernizing the 1940 Investment Advisers Act to better address custody of crypto assets — a move proposed eight months after repealing stricter rules.

“We aim to move away from overly burdensome regulations imposed before 2025 and focus on balanced, effective oversight,” Atkins stressed. All initiatives must undergo consultation before final approval.