The post SEC Chair Paul Atkins Details New Crypto Rulebook appeared on BitcoinEthereumNews.com. SEC Chair Paul Atkins says the agency is preparing a major crackdown on proxy advisors while also rolling out a clearer rulebook for crypto markets. He said both areas need urgent reform to protect investors and restore market transparency. SEC Pushes New Crypto Rulebook Amid Post-Shutdown Recovery During an interview on Fox Business, Paul Atkins revealed that some companies used older manual methods to go public during the shutdown. Those firms already had feedback from SEC staff and used a 20-day rule to proceed. Atkins expects similar moves to continue until normal processing resumes. Paul Atkins further noted that tokens can transition out of security status as networks decentralize, which could give crypto projects a clearer regulatory path. He said the SEC will work with the CFTC (the other top regulator in the U.S.) to avoid overlapping rules and remove confusion surrounding digital assets. Atkins also detailed a new crypto rulebook designed to replace years of uncertainty. He said the industry has operated “in a fog” because digital assets do not fit old paper-based securities rules. As Atkins noted in a speech he delivered earlier this week, the SEC will clarify which cryptocurrencies are securities and which are not. Hence, the new framework divides digital assets into commodities, collectibles, tools, and tokenized securities. Only the last category qualifies as securities. Paul Atkins Moves to Limit Proxy Power and Advance Crypto Rulebook Atkins further stated that proxy advisory firms hold too much influence over corporate decisions. He said several firms push recommendations that shape executive pay, mergers, and board votes despite serious conflicts of interest. He argued that many shareholder proposals have been “weaponized” by activists who use corporate governance rules to advance political agendas. Paul Atkins said the SEC will revisit rules introduced during the first Trump administration but which… The post SEC Chair Paul Atkins Details New Crypto Rulebook appeared on BitcoinEthereumNews.com. SEC Chair Paul Atkins says the agency is preparing a major crackdown on proxy advisors while also rolling out a clearer rulebook for crypto markets. He said both areas need urgent reform to protect investors and restore market transparency. SEC Pushes New Crypto Rulebook Amid Post-Shutdown Recovery During an interview on Fox Business, Paul Atkins revealed that some companies used older manual methods to go public during the shutdown. Those firms already had feedback from SEC staff and used a 20-day rule to proceed. Atkins expects similar moves to continue until normal processing resumes. Paul Atkins further noted that tokens can transition out of security status as networks decentralize, which could give crypto projects a clearer regulatory path. He said the SEC will work with the CFTC (the other top regulator in the U.S.) to avoid overlapping rules and remove confusion surrounding digital assets. Atkins also detailed a new crypto rulebook designed to replace years of uncertainty. He said the industry has operated “in a fog” because digital assets do not fit old paper-based securities rules. As Atkins noted in a speech he delivered earlier this week, the SEC will clarify which cryptocurrencies are securities and which are not. Hence, the new framework divides digital assets into commodities, collectibles, tools, and tokenized securities. Only the last category qualifies as securities. Paul Atkins Moves to Limit Proxy Power and Advance Crypto Rulebook Atkins further stated that proxy advisory firms hold too much influence over corporate decisions. He said several firms push recommendations that shape executive pay, mergers, and board votes despite serious conflicts of interest. He argued that many shareholder proposals have been “weaponized” by activists who use corporate governance rules to advance political agendas. Paul Atkins said the SEC will revisit rules introduced during the first Trump administration but which…