Bitcoin News Today: SEC Advances Pro-Crypto Framework Amid Trump Policy Push

The U.S. Securities and Exchange Commission (SEC) is moving to create a more structured regulatory environment for digital assets, driven by Chairman Paul Atkins, who has emphasized that clear rules can support innovation rather than hinder it [1]. In a recent statement, Atkins welcomed the recommendations of the President’s Working Group (PWG), a multi-agency effort to develop a unified approach to crypto policy. The report outlines a roadmap for oversight, urging collaboration among federal regulators such as the SEC and the Commodity Futures Trading Commission (CFTC) [1]. Atkins has committed to continuing rulemaking under existing laws while supporting future legislative efforts [1].

The initiative aligns with the broader pro-crypto agenda of the Trump administration, which has been advancing a comprehensive digital asset policy. On July 15, 2025, the administration released a 163-page report covering areas such as stablecoin regulation, tax reform, and federal market oversight [5]. The document reinforced the administration’s goal of fostering innovation and urged regulators to act within their current authority to facilitate digital asset trading [5]. Among the legislative developments highlighted in the report was the passage of the GENIUS Act, which sets standards for stablecoin issuers, and the ongoing consideration of the Clarity Act, which aims to establish broader regulatory clarity for the crypto market [5].

On July 30, 2025, the SEC approved in-kind redemptions for all Bitcoin and Ethereum ETFs, a significant regulatory shift that signals a more accommodating stance toward digital assets [2]. This move is part of a broader effort to streamline operations for crypto-based products and enhance investor protections [2]. Atkins emphasized the importance of balancing innovation with safety, ensuring that regulatory measures adapt to technological advancements rather than lag behind [1]. He has also pledged to work closely with SEC Commissioner Hester Peirce and the agency’s Crypto Task Force to develop smart, adaptive policies [1].

Despite these progress, the administration’s proposal for a strategic Bitcoin reserve remains unclear. Introduced in January via an executive order, the initiative was only briefly mentioned in the final report, with no new details on its implementation [5]. This lack of clarity has led to uncertainty within the crypto industry, particularly among stakeholders who had expected a more detailed outline of the government’s plans. Trump adviser Bo Hines previously indicated that the reserve’s development might not be made public, contradicting earlier statements that suggested the government would use enforcement actions to build the stockpile [5]. Meanwhile, legislative proposals such as the BITCOIN Act, introduced by Senator Cynthia Lummis to support strategic Bitcoin accumulation, remain stalled in Congress [5].

Atkins’ leadership and the administration’s policy developments reflect a growing recognition of the role digital assets play in the U.S. financial system. With the SEC promoting a structured yet flexible regulatory framework and the administration emphasizing market clarity, the U.S. aims to position itself as a global leader in the crypto space. However, challenges remain, including the need for concrete action on the Bitcoin reserve and further legislative clarity. As these efforts continue, market participants will be closely monitoring how they shape the future of crypto in the United States [5].

Source:

[1] CoInfomania, Paul Atkins Pushes for Pro-Crypto Regulatory Framework, https://coinfomania.com/paul-atkins-pushes-for-pro-crypto-regulatory-framework/

[2] ZyCrypto, SEC Approves In-Kind Redemptions For All Bitcoin And Ethereum ETFs, https://zycrypto.com/sec-approves-in-kind-redemptions-for-all-bitcoin-and-ethereum-etfs-marking-major-regulatory-shift/

[5] CryptoSlate, Trump Administration Unveils Detailed Crypto Policy but Shrouds Bitcoin Reserve in Mystery, https://cryptoslate.com/trump-administration-unveils-detailed-crypto-policy-but-shrouds-bitcoin-reserve-in-mystery/