Coin Center urges SEC to prioritize rulemaking over no-action letters

A shift towards rulemaking could lead to increased regulatory clarity, potentially boosting prices of major cryptocurrencies such as BTC and ETH. However, the lack of specific details on the proposed rulemaking process introduces uncertainty, making it challenging to quantify the impact. If successful, this could lead to a more favorable regulatory environment, potentially increasing investment in the sector and benefiting related stocks like COIN.