The Blockchain Association is urging the U.S. Securities and Exchange Commission to repeal two trading rules, pressing the agency to roll back requirements the industry group views as ill-suited to crypto markets rather than merely revise them.
The advocacy group’s request centers specifically on two SEC trading rules, framing this as a full repeal push rather than a request for minor amendments. The demand was directed at the SEC through the agency’s rulemaking process, as reflected in the related SEC rulemaking record. For related coverage, see What Is USDT? From Tether Reserves to Multichain Liquidity.
The Blockchain Association outlined its position publicly through its official account on X, keeping the focus on the two rules it wants removed. The move was also documented in reporting that the group is asking the SEC to drop the pair of rules, according to crypto.news.
Why the repeal push matters for crypto trading firms
Trading rules set by the SEC shape how platforms, intermediaries, and other market participants operate, which is why a repeal request from an industry advocate signals that the current framework is seen as burdensome or misaligned with how digital-asset markets function. For related coverage, see Crypto Ponzi suspect faces 25 charges after deportation.
For crypto trading businesses, rules of this kind can translate into compliance and operational obligations that affect exchanges, brokers, and liquidity providers. The same regulatory questions have surfaced as firms navigate authorization regimes elsewhere, including Binance’s reported push for FCA authorization in the United Kingdom.
Market-structure debates are increasingly tied to how traditional finance interacts with blockchain rails, a dynamic visible in experiments such as MUFG’s test of blockchain settlement for government bond repo trades. How the SEC treats trading rules feeds directly into that broader question of where regulated activity sits.
What comes next in the SEC rule debate
A public repeal demand of this kind typically signals an ongoing rulemaking or policy debate rather than an immediate change, meaning the two rules would not disappear the moment the request is filed.
The SEC’s response, or its silence, will shape the next stage of the story. The agency can accept, reject, or leave the request pending through its standard process, and its next move is the key development to watch.
From here, readers should monitor whether the SEC opens or advances a formal comment window, whether other industry participants add their own arguments, and how the debate connects to wider market-structure discussions touching stablecoin issuers like USDC and the platforms that trade them.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
