SEC Chair Atkins: Crypto market-structure bill fit define US rules for 2026
SEC Chair Paul Atkins tok say Fox Business on Jan 12 say e dey expect say one crypto market-structure bill go reach President Donald Trump make im sign before year finish. Atkins talk say the 2025 GENIUS Act na useful step but the new bill go wider and clearer, e go put main market oversight between SEC and CFTC to end the industry regulatory “gray zone.” E say clear law go give market certainty and go help make US big crypto hub. Senate Agriculture Committee don delay final consideration till late January, but Atkins comments show say legislative momentum dey quicken. E still briefly talk about reports say Venezuela fit get about $60 billion in Bitcoin.
Neutral
To assign primary oversight to the SEC and CFTC and pass a clear market-structure bill dey reduce regulatory uncertainty — dat tin usually support long-term institutional adoption and fit be bullish over time. But immediate price impact likely go soft because passage and implementation timelines still dey uncertain (committee delays noted), and di news na mainly regulatory no be demand-side. Traders fit see volatility drop as clarity improve, but short-term directional moves for BTC or other tokens no go likely driven by this announcement alone. Di brief mention of Venezuela’s supposed Bitcoin holdings na informational, but e no change near-term market dynamics materially. So overall classification na neutral: positive for structural market certainty medium-to-long term, but limited immediate effect on prices.