Crypto Firms, Wall Street Push SEC to Revise Regulation Crypto Assets

The notable signal here is alignment: crypto-native firms and traditional finance are pressing the same regulator for changes, which suggests the proposal's scope reaches well beyond crypto specialists into mainstream market structure. That broadens the constituency with a stake in the outcome and raises the pressure on the SEC as it digests comments. Whether the agency adjusts the proposal or advances it largely as drafted is the open question worth watching, since the final text — not the volume of feedback — will determine how firms structure their operations.