SEC proposes crypto regulation to White House

The U.S. Securities and Exchange Commission (SEC) is reportedly preparing to submit a proposal for cryptocurrency regulation to the White House. This initiative aims to establish a clearer framework for governing the digital asset sector, focusing on distinguishing between transactions that qualify as securities and those that do not. SEC Chair Paul Atkins has indicated the commission's active work on this approach, signaling a significant step towards increased regulatory oversight in the rapidly evolving cryptocurrency market.