SEC Commissioner Seeks Public Input on National Securities Exchange Trading of Crypto Assets
BlockBeats News, December 18th. On December 17th, SEC Commissioner Hester Peirce issued a statement in conjunction with a new set of FAQs from the Division of Trading and Markets, seeking broad input on issues related to trading of cryptographic assets on National Securities Exchanges (NSEs) and Alternative Trading Systems (ATSs.
The statement focuses on the trading and clearing arrangement for security and "Security-Non-Security Cryptographic Asset" trading pairs. Peirce stated that SEC staff are prepared to work with market participants to facilitate compliant trading pairs on regulated platforms.
Peirce pointed out that the current market is in urgent need of clearer market structure rules to protect investors, maintain market order, and avoid unnecessary regulatory burdens on innovation. She specifically questioned whether Regulation ATS (established in 1998) and Regulation NMS are already lagging behind in the context of cryptographic assets and blockchain technology. The core topics for feedback include:
· How to lower the entry barriers for cryptographic asset securities and trading pair platforms to encourage innovation
· Whether the current Reg NMS and Reg ATS impose disproportionate compliance costs on cryptographic trading
· The need for a dedicated Form ATS for "Crypto ATS" or adjustments to the existing disclosure regime
· Whether disclosure for Crypto ATS should remain non-public or introduce SEC review or a public mechanism
· The need to retain the Form ATS-R quarterly reporting requirement in the context of blockchain and on-chain traceable data
· The need for a compliant method to convert non-dollar assets to dollars
· How to address trade information confidentiality, system risk controls (Rule 15c3-5), and system compliance (Reg SCI) requirements
· How to avoid hindering individual software development, automated trading, or decentralized trading in regulation
Peirce emphasized that these issues will serve as important references for subsequent policy development by the SEC's Cryptographic Working Group. Regulatory agencies are also willing to listen to broader suggestions to overall improve the regulatory framework for NSEs and ATSs. The statement is seen by the market as another signal of relative openness within the SEC for structural reforms in cryptographic asset trading.
You may also like

Crypto Price Prediction Today 18 February – XRP, Bitcoin, Ethereum
Key Takeaways XRP’s potential as a replacement for SWIFT is bolstered by regulatory approvals, potentially driving its price…

XRP Price Prediction: XRP is Outpacing Solana and Targeting Binance Coin Next – Should You Invest Now?
Key Takeaways XRP Ledger has moved into the sixth place by tokenized real-world asset value, surpassing Solana and…

New AI Predicts the Price of XRP, Dogecoin, and Solana By 2026
Key Takeaways ChatGPT anticipates significant price increases for XRP, Dogecoin, and Solana by the end of 2026. XRP…

Arthur Hayes Shares Two Scenarios for Bitcoin Price, Calling for a Major Crypto Rally
Key Takeaways Arthur Hayes predicts a significant crypto rally fueled by a $572 billion liquidity injection from the…

Bitcoin Price Prediction: Abu Dhabi Gov Funds Buy $1 Billion in BTC – What Do They Know?
Key Takeaways Abu Dhabi has revealed a $1 billion stake in Bitcoin through major ETF investments, signaling strong…

Bitcoin’s Divergence From Nasdaq Signals Dollar Liquidity Risk, Says Arthur Hayes
Key Takeaways Arthur Hayes highlights a concerning divergence between Bitcoin and the Nasdaq, pointing to a potential dollar…

Lagarde’s Possible Early Exit Could Alter Digital Euro Plans and Stablecoin Oversight
Key Takeaways Christine Lagarde’s potential departure as ECB president may disrupt the digital euro timeline and stablecoin policies.…

HYLQ Strategy Invests in Hyperliquid Quantum Solutions Pioneer qLABS, Acquires 18,333,334 qONE Tokens
Key Takeaways HYLQ Strategy Corp has made a strategic investment in qLABS, purchasing over 18 million qONE tokens…

WLFI Crypto Surges Toward $0.12 as Whale Purchase Precedes Trump-Linked Forum
Key Takeaways Whale accumulation has spurred a rally in WLFI crypto prices, reaching towards $0.12 ahead of a…

Cathie Wood Reverses Path with $6.9 Million Purchase in Coinbase Stock – Is ARK Strategizing a Rebound?
Key Takeaways ARK Invest acquires 41,453 shares of Coinbase, showing renewed interest post recent divestment. This acquisition by…

Crypto Lobby Establishes Working Group to Advocate for Prediction Market Regulatory Clarity
Key Takeaways The Digital Chamber announced the Prediction Markets Working Group to promote federal oversight of prediction markets.…

Peter Thiel Discreetly Withdraws from Ethereum Treasury Venture ETHZilla – A Cautionary Note for the DAT Model?
Key Takeaways Peter Thiel and Founders Fund have completely exited their position in ETHZilla. Thiel’s withdrawal raises questions…

Coin Center Advocates Protecting Crypto Developer Liability
Key Takeaways Coin Center is actively lobbying the U.S. Senate to safeguard crypto developer liability protections. The ongoing…

$150B in US Tax Refunds Could Catalyze Fresh Crypto Inflows, Historical Trends Indicate
Key Takeaways The IRS anticipates distributing approximately $150 billion in tax refunds to U.S. consumers by the end…

Oracle Error Leads DeFi Lender Moonwell to $1.8 Million in Bad Debt
Key Takeaways A critical oracle pricing glitch caused Moonwell to incur nearly $1.8 million in bad debt. The…

Crypto Price Prediction Today 18 February – XRP, Solana, Dogecoin
Key Takeaways XRP targets a $5 move, driven by its role as an alternative to SWIFT for cross-border…

China’s DeepSeek AI Predicts the Price of XRP, PEPE, and Shiba Inu By the End of 2026
Key Takeaways DeepSeek AI suggests significant potential price increases for XRP, PEPE, and Shiba Inu by 2026. XRP…

XRP Battles Key Support Amid Grayscale Sentiment Surge
Key Takeaways XRP has experienced a 29% price drop recently, creating a tense atmosphere among traders eyeing key…
Crypto Price Prediction Today 18 February – XRP, Bitcoin, Ethereum
Key Takeaways XRP’s potential as a replacement for SWIFT is bolstered by regulatory approvals, potentially driving its price…
XRP Price Prediction: XRP is Outpacing Solana and Targeting Binance Coin Next – Should You Invest Now?
Key Takeaways XRP Ledger has moved into the sixth place by tokenized real-world asset value, surpassing Solana and…
New AI Predicts the Price of XRP, Dogecoin, and Solana By 2026
Key Takeaways ChatGPT anticipates significant price increases for XRP, Dogecoin, and Solana by the end of 2026. XRP…
Arthur Hayes Shares Two Scenarios for Bitcoin Price, Calling for a Major Crypto Rally
Key Takeaways Arthur Hayes predicts a significant crypto rally fueled by a $572 billion liquidity injection from the…
Bitcoin Price Prediction: Abu Dhabi Gov Funds Buy $1 Billion in BTC – What Do They Know?
Key Takeaways Abu Dhabi has revealed a $1 billion stake in Bitcoin through major ETF investments, signaling strong…
Bitcoin’s Divergence From Nasdaq Signals Dollar Liquidity Risk, Says Arthur Hayes
Key Takeaways Arthur Hayes highlights a concerning divergence between Bitcoin and the Nasdaq, pointing to a potential dollar…