TD Cowen: The US SEC is entering a critical regulatory period, and Chairman Atkins will lead the formulation of cryptocurrency rules

Investment bank TD Cowen analysts pointed out that as the federal government resumes operations, the U.S. Securities and Exchange Commission is entering a critical period, as the agency is working on establishing regulatory rules for the cryptocurrency industry.

The TD Cowen Washington research team, led by Jaret Seiberg, stated in a report that after the longest government shutdown, the market focus has shifted to SEC Chairman Paul Atkins' policy agenda. "After the government restart, the SEC will enter the most important 12 months of Chairman Atkins' tenure, and his agenda for easing regulations will enter a substantive phase," Seiberg said on Monday.