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SEC Chief Expects Crypto Bill to Reach Trump by Year’s End
US SEC Chair Paul Atkins expressed confidence that a proposed crypto market structure bill might reach President Trump's desk by year-end. This legislation aims to provide clarity on rules for digital asset trading, benefiting investors and platforms.
Key Points
- Atkins advocates for tokenization and faster settlement systems in US markets.
- The bill aligns with the administration's goal to enhance US competitiveness in crypto.
- Congress is considering providing clarity on the jurisdictional split between the SEC and CFTC.

Legislative Process and Challenges
- Financial analysts estimate a 50-60% chance of the bill passing in 2026; delays could extend this to 2027.
- The bill aims to define federal agency oversight and establish trading standards.
- Committee markups will shape the final text before a Senate vote.

Industry and Market Reactions
- Industry associations welcome the potential for clear guidance, expecting more institutional capital inflow.
- There is caution due to unresolved details regarding custody and regulatory agency roles.
- Market reactions fluctuate with legislative progress, reflecting optimism and caution.
Political Considerations
- Midterm and committee calendars are crucial; delays could alter current support.
- The debate continues on whether swift action ensures regulatory clarity or risks creating gaps needing future fixes.