One year under Paul Atkins, SEC's crypto stance shows break with past
Burns Brief
While the regulator under Atkins has dropped several cases against crypto companies, the SEC still awaits passage of a market structure bill to clarify its authority over crypto Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
While the regulator under Atkins has dropped several cases against crypto companies, the SEC still awaits passage of a market structure bill to clarify its authority over crypto.
Key Takeaways
- While the regulator under Atkins has dropped several cases against crypto companies, the SEC still awaits passage of a market structure bill to clarify its authority over crypto