SEC Targets Crypto Exchanges and Broker-Dealers in 2026 Rulemaking Agenda

The U.S. Securities and Exchange Commission (SEC) has unveiled its 2026 Regulatory Agenda, emphasizing cryptocurrency oversight. The agenda outlines three proposed rules: regulation for crypto broker-dealers, digital assets on alternative trading platforms and national securities exchanges, and exemptions for digital assets. Additionally, the SEC is considering revisions to broker regulations concerning liquid capital and customer asset safety in insolvency scenarios. Chair Paul Atkins is steering the agency toward a more supportive stance on cryptocurrencies, diverging from the former administration's approach. Critics, particularly among Democratic representatives, accuse the SEC of favoring major firms like Binance and Coinbase.