Odaily Planet Daily reports that Jim Moloney, head of the SEC’s Company Finance Division, stated that they are working to accelerate the development of regulatory rules. According to Chair Paul Atkins’s priorities, the department will primarily focus on reforming crypto assets. Jim Moloney said that the Company Finance Division is preparing to submit two key proposals to the commission regarding crypto assets: first, providing explanatory guidelines to clarify the classification of crypto assets (Taxonomy) and describing a framework for determining when crypto assets are subject to investment contract constraints; second, developing a reasonable regulatory structure proposal for the issuance and sale of securities constrained by investment contracts. Additionally, the department will continue to provide market clarity through statements and no-action letters. Jim Moloney also mentioned that other ongoing efforts by the SEC include implementing the Holding Foreign Companies Accountable Act (HFIAA), creating a semi-annual reporting option instead of quarterly reports, and reducing regulatory burdens under Regulation S-K, including disclosures related to executive compensation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The UK Financial Conduct Authority launches its first crackdown on illegal peer-to-peer cryptocurrency trading
The FCA’s first wave of enforcement actions, working together with HMRC and the South West Regional Organised Crime Unit, raided multiple London locations suspected of running unregistered P2P cryptocurrency trading venues, issuing stop orders and bringing the matters into a criminal investigation. Experts say such unregistered platforms are illegal and carry high risk, and regulators will strengthen oversight gaps with regulations such as those on anti-money laundering. The UK is gradually building a cryptocurrency regulatory framework, with full implementation expected by 2027; in 2026, a registration application channel will be opened, and investors should carefully assess risks.
ChainNewsAbmedia4h ago
Hyperliquid Launches Policy Center in U.S. to Advance Decentralized Derivatives Regulation
Gate News message, April 22 — Hyperliquid has established the Hyperliquid Policy Center (HPC) in the United States, funded by the Hyper Foundation. The initiative aims to secure legal clarity and protections for U.S. users and developers, with a focus on on-chain perpetual futures contracts.
HPC wi
GateNews6h ago
Major CEX Urges U.S. Congress to Implement Crypto Tax Exemption Threshold and Allow Staking Reward Tax Timing Choice
Major CEX urges Congress to set a minimum tax-exemption for crypto transactions and offer flexible staking-report timing, citing IRS forms show most trades under thresholds and heavy reporting burden.
The article reports that a major centralized exchange is urging U.S. Congress to establish inflation-adjusted minimum exemption thresholds for crypto transactions and to allow taxpayers to choose when to report staking rewards. It cites CoinDesk data showing 56 million crypto tax forms filed for 2025, with most transactions valued under $50, illustrating the administrative burden of current reporting rules and the need for policy changes.
GateNews8h ago
North Carolina Passes Digital Asset Law Allowing Banks to Custody Crypto
Gate News message, April 22 — North Carolina has officially introduced House Bill 1029, the Digital Asset and Stablecoin Act, marking the state's entry into crypto regulation. The bill, developed following recommendations from a dedicated blockchain committee, aims to integrate digital assets into t
GateNews8h ago
UK FCA Conducts Coordinated Raids on Illegal P2P Crypto Trading Sites in London
FCA raids eight London sites tied to unregistered P2P crypto trading, issuing cease-and-desist notices. Evidence points to money-laundering and terror-financing probes; no P2P platform is FCA-registered; enforcement signals a tougher AML crackdown.
Abstract: The FCA, with tax authorities and police, conducted surprise raids at eight London sites linked to unregistered peer-to-peer crypto trading, issuing cease-and-desist notices. The operation underpins ongoing money-laundering and terrorist-financing probes. No P2P platform is FCA-registered in the UK. Analysts view the action as a shift from statements to enforcement, signaling potential broader crackdowns under AML and financial-promotion rules for crypto assets, which remain high-risk investments.
GateNews8h ago
Bank of Korea Prioritizes CBDCs Under New Governor Shin, Maintains 2.5% Rate Amid Regional Uncertainty
Gate News message, April 22 — South Korea's central bank has entered a new monetary phase with newly appointed governor Shin Hyun-song placing central bank digital currencies (CBDCs) at the forefront of the country's financial system. In his inaugural address, Shin positioned CBDCs and bank-issued d
GateNews12h ago
