Search results for OIRA
Crypto
U.S. SEC to pursue \'Reg Crypto\' rules to clarify standards for crypto securities status
The U.S. Securities and Exchange Commission is preparing to unveil a draft set of rules dubbed \'Reg Crypto\' that would set core standards for regulating the cryptocurrency industry. The proposal is in the final stage of a White House review process. SEC Chair Paul Atkins said the draft is being reviewed by the Office of Information and Regulatory Affairs under the Office of Management and Budget and is one step from release.
Crypto
Digital asset framework law stalls as U.S. Clarity Act wavers
South Korea’s ruling and opposition parties jointly pressed the Financial Services Commission over delays in proposing a government bill for a digital asset framework law, citing a provision limiting major shareholders’ stakes after the fact. The commission had aimed to finalize a deal in the first quarter but talks were postponed indefinitely. In the United States, the Senate set late April for committee review of the Clarity Act, while Coinbase again opposed a ban on interest on stablecoin holdings.
Crypto
U.S. Labor Department unveils proposed rule to allow crypto and private equity in 401(k) plans
The U.S. Labor Department has released a proposed rule that would allow 401(k) retirement plan accounts to invest in alternative assets such as cryptocurrencies and private equity. The proposal focuses on safe-harbor protections and procedures for fiduciaries when adding such assets, emphasizing objective review rather than blanket exclusions. Officials said it aims to expand investment choices. The proposal follows a Trump executive order and would move to a public comment stage after regulatory review.
