SEC’s Potential Shift to Flexible Reporting Could Benefit Crypto Firms
U.S. Securities and Exchange Commission Chairman Paul Atkins signaled a potential overhaul of corporate disclosure rules, which may grant companies—including those in the crypto sector—greater flexibility in earnings reporting. The proposed reforms could replace mandatory quarterly disclosures with a market-driven cadence, aligning with President Trump's recent push for semiannual reporting to reduce costs and prioritize long-term strategy.
Atkins emphasized that the decision WOULD ultimately rest with companies, noting, "For the sake of shareholders and public companies, the market can decide what the proper cadence is." The move has drawn support from institutional players like Norway’s sovereign wealth fund and the Long-Term Stock Exchange, who argue less frequent reporting fosters sustainable growth.
Crypto firms stand to gain from reduced regulatory burdens, potentially accelerating innovation and attracting institutional capital. The shift reflects broader momentum toward aligning traditional finance frameworks with the dynamic needs of digital asset markets.