SEC Chair Paul Atkins Advocates for Clarity in On-Chain Markets
- The SEC’s On-Chain Guidance Agenda focuses on four key areas to improve regulatory clarity.
- Chair Paul Atkins emphasized the need for a future-proof framework through notice-and-comment rulemaking.
- Atkins called for clearer definitions of “exchange,” “broker and dealer,” and “clearing agency” as they apply to on-chain activities.
- Hyperliquid Policy Center praised Atkins’ approach to mapping on-chain systems to existing legal frameworks.
- Hyperliquid’s native token, HYPE, was trading at $42.98, a rise of 2% over the last day, yet remains 27% below its all-time high.
SEC Chair Paul Atkins is pushing for greater regulatory clarity in on-chain markets by addressing key areas such as exchange definitions and broker-dealer frameworks. The Hyperliquid Policy Center supports this initiative as it aligns with modern financial infrastructure needs.
This effort is seen as a constructive step toward aligning regulations with evolving on-chain systems, evidenced by the positive response from industry groups like Hyperliquid Policy Center and market movements of tokens like HYPE. (Source)
