Crypto firms, Wall Street push SEC to revise Regulation Crypto Assets as comments close

The SEC's comment period on a proposed cryptocurrency regulatory framework, referred to as Regulation Crypto Assets, has closed, drawing input from both crypto firms and Wall Street institutions. The proposal's specifics and the substance of the submitted comments are not detailed in the excerpt. Traders would watch for how the SEC incorporates industry feedback, since the final rule could reshape compliance obligations and market access for digital asset businesses in the US.