SEC Prepares to Rewrite Crypto Rules in 2026 Regulatory Agenda

The U.S. Securities and Exchange Commission (SEC) is taking steps to revamp its rules for exchanges and broker-dealers in relation to cryptocurrencies. The agency's 2026 Regulatory Agenda includes proposed changes that aim to clarify the regulatory framework for crypto assets.

The SEC plans to modify rules related to liquid capital requirements, customer asset protection, and recordkeeping for broker-dealers. These amendments are intended to address 'the application of these rules to crypto assets,' according to the agency.

The move represents a shift from the previous approach under former SEC Chair Gary Gensler, who took a more cautious stance towards crypto and pursued enforcement actions against several major firms. In contrast, current SEC Chair Paul Atkins has advocated for clearer rules and exemptions for crypto, reflecting his 'overarching stance that clearer rules are needed for crypto.'

The proposed changes could provide greater certainty to the market, facilitate capital formation, and accommodate innovation within the crypto asset markets while ensuring investor protection.