Benchmark says SEC’s NMS proposal is the ‘most consequential’ US crypto rule this year

The Block·

Benchmark says SEC’s NMS proposal is the ‘most consequential’ US crypto rule this year

60-second summary

Benchmark analysts declare the SEC's recent proposal to rescind Rules 611 and 610(e) as the most consequential US crypto rule this year, citing significant implications for market makers and liquidity providers. This move could potentially reshape the US crypto market structure. The proposal's impact on market dynamics and liquidity remains uncertain.

Benchmark said the SEC's proposal last week to rescind Rules 611 and 610(e) is the year's "most consequential" U.S. crypto rule.