★Coin Center urges SEC to prioritize rulemaking over no-action letters
"Coin Center's push for formal SEC rulemaking over ad-hoc no-action letters signals a critical juncture for market structure and capital allocation. Predictable regulatory frameworks are essential for institutional adoption, as current fragmentation impedes large-scale investment and fosters an uneven competitive landscape. This advocacy aims to de-risk the sector, potentially unlocking significant capital inflows by establishing clear, enforceable guidelines."

The Big Coin Report Take
Coin Center, in a move surprising precisely no one, has asked the SEC to actually do its job and write some rules. Apparently, the current ad-hoc approach is causing fragmentation and uneven treatment, which is certainly a novel observation for this industry.
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