• SEC leaders seek to clarify how tokenized securities interact with existing regulation Paul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility. • Cointelegraph in your social feed Paul Atkins, chair of the US Securities and Exchange Commission (SEC), and the agency’s crypto task force head, Hester Peirce, said Wednesday they would support efforts to clarify how “tokenized securities interact with existing regulation,” better positioning industry developers. • Speaking to attendees at the ETHDenver conference on the future of regulation, Atkins and Peirceaddressedconcerns about volatility in many cryptocurrency prices and how the agency plans to move forward with digital asset regulation amid a potential market structure bill in Congress. • In response to “falling crypto prices of late,” likely referring to the price of Bitcoin (BTC) and Ether (ETH) falling by more than 28% and 40%, respectively, in the previous 30 days, Atkins said: Neither commissioner directly spoke on efforts to pass market structure legislation in Congress, although Peirce said that the SEC had “provided technical assistance” on the matter. • A bill moving through the US Senate, called the CLARITY Act when it passed the House of Representatives in July, could shift much of the SEC’s authority over digital assets to the Commodity Futures Trading Commission (CFTC). • Related:Democratic lawmakers slam SEC Chair Atkins over crypto enforcement ETHDenver, happening this week in Colorado, is one of the largest cryptocurrency events in the United States, bringing together developers and industry leaders.

Article Summaries:

  • SEC Chair Paul Atkins and crypto‑task‑force head Hester Peirce announced at ETHDenver that the agency will back efforts to clarify how tokenized securities fit within existing securities rules. They highlighted recent volatility-Bitcoin and Ether fell 28 % and 40 % in the past month-and stressed the need for clear rules that give investors the information required to decide whether to buy, sell or hold. While neither spoke directly about the pending market‑structure bill, Peirce noted the SEC’s technical assistance on the CLARITY Act, which could shift digital‑asset oversight to the CFTC. The CFTC remains understaffed, with only one confirmed commissioner.

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