SEC considers integrating cryptocurrency with Wall Street as part of regulatory overhaul

In a notable change of pace, the Trump administration's Securities and Exchange Commission (SEC) has seen a significant decrease in the number of cases it has pursued, marking a retreat from its previously litigious posture. This shift comes as Nasdaq intensifies its oversight of publicly traded companies that raise capital to purchase large crypto holdings.

According to a report from The Information, some firms may have employed a strategy of buying large amounts of cryptocurrencies to artificially inflate their stock price. In response, Nasdaq's scrutiny is aimed at preventing market manipulation and ensuring sustainable and transparent corporate crypto integration. The stock exchange is delaying approvals and demanding detailed disclosures for such moves to maintain market integrity.

Interestingly, the number of cases brought by the SEC fell by 30% from the previous year, suggesting a more lenient approach under the current administration. However, a report by Cornerstone Research indicates a record high in monetary penalties by the SEC in 2024, indicating that the commission is still enforcing penalties for violations.

It's worth noting that the person who presented the SEC's regulatory program for integrating cryptocurrencies into traditional markets in spring 2025 was Paul Atkins, the SEC chairman at that time.

Meanwhile, Chainlink, a prominent cryptocurrency, has expanded its strategic reserve with 43,937 LINK tokens. This move suggests a long-term commitment to the cryptocurrency market and a confidence in its future potential.

As the regulatory landscape for cryptocurrencies continues to evolve, it's clear that both the SEC and Nasdaq are taking steps to ensure market transparency and prevent market manipulation in the rapidly growing crypto market.