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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.