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SEC signals lighter approach to crypto disclosures
SEC signals lighter approach to crypto disclosures

SEC signals lighter approach to crypto disclosures

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U.S. Securities and Exchange Commission officials discussed modernising decades-old securities frameworks during the agency’s “Material Matters” podcast as digital assets remain a central part of the regulator’s broader policy agenda.

Division of Corporation Finance Director Jim Moloney said the SEC is reassessing whether existing rules remain suitable for modern technologies and blockchain-based business models used by crypto-linked public companies.

“We want to facilitate entrepreneurs in coming forth with their ideas to build these business models. Let the free markets be free,”

Moloney said.

Moloney said crypto asset issues remain part of the division’s ongoing initiatives alongside disclosure simplification, proxy rules and climate-related regulations, with officials also exploring ways to reduce unnecessary compliance burdens for issuers.

The discussion highlighted several areas that could eventually affect crypto companies, including disclosure simplification, semiannual reporting proposals, Regulation S-K reforms and expanded publication of staff responses to recurring filing questions.

SEC Chair Paul Atkins said the agency is working toward becoming more receptive to issuer questions and improving transparency around the SEC review process for public filings and registration statements.

The agency’s broader crypto agenda was also reinforced in the first “Material Matters” episode released in April, where Atkins described digital asset regulation as a top SEC priority while Commissioner Hester Peirce said regulators still lack a comprehensive framework for spot crypto market structure oversight.

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