SEC shows support for CoinRegTech’s crypto market regulation proposal

The American Commission for Securities and Exchange responded favorably to a quince proposal, a cryptocurrency market regulatory service provider, aimed at improving surveillance and transparency on the digital asset securities market.

THE proposal Describes the main regulatory measures designed to deal with investor protection, market structure and transaction reports. Coinregtech recommendations focus on three main regulatory changes which aim to strengthen the framework surrounding the titles of digital assets.

First, the proposal highlights the need for clearer investor protection measures and urges the SECOND To apply the structural requirements for trading platforms that facilitate digital asset securities transactions. This would help ensure that investors are properly saved in an evolving market landscape.

Second, Corregtech pleads for revisions of the Exchange Act Securities to improve transaction ratio mechanisms. These updates would also aim to clarify the supervision responsibilities of the market, thus improving the global structure and the reliability of the market.

Third, the company introduces the electronic digital asset reporting system, which is proposed to be developed in collaboration with the Commodity Futures Trading Commission. This new report system would play an essential role in improving regulatory monitoring of digital asset transactions, promoting greater transparency and responsibility on the market.

According to Corciégtech, the implementation of these recommendations would increase the transparency of the cryptocurrency markets, would improve the protection of investors and contribute to a more stable regulatory environment.

The position of the dry and the potential implications

The positive response of the dry to the proposal suggests a growing recognition Among regulators, lighter surveillance is necessary in the cryptocurrency industry.

The agency has played an active role in the application of existing securities laws in the space of digital assets, frequently arguing that many cryptographic tokens are considered to be titles and should be regulated accordingly.

The dry appears Open to refine his approach Rather than relying only on application actions. If they are adopted, these measures could have important implications for cryptographic industry, in particular for trading scholarships and platforms that facilitate the purchase and sale of digital asset titles.

The introduction of investor protection measures and structural requirements could lead to stricter rules of compliance for cryptographic platforms, similar to those imposed on the exchanges of traditional securities. In addition, the revision of the SECURITIES EXCHANGE ACT to take into account digital assets can provide greater legal clarity for companies operating in space.

CFTC and market supervision

One of the most notable aspects of the proposal is the call for cooperation between the SEC and the CFTC through the DART development.

The two agencies have long debated their respective roles in the supervision of digital assets, the dry affirming authority on cryptographic assets classified as titles and the CFTC supervising digital products such as Bitcoin (BTC).

A joint declaration system such as DART could mark a step towards a more coordinated regulatory approach.