The U.S. Securities and Exchange Commission (SEC) has proposed a significant amendment to Rule 15c2-11, a regulation originally introduced in 1971 to combat fraud in the penny stock market. The proposed change aims to reverse a controversial 2021 reinterpretation that had expanded the rule's reach to include fixed-income securities, creating widespread confusion over whether it also applied to crypto assets.
The newly proposed amendment pulls the rule back to its original scope, limiting reporting requirements for over-the-counter (OTC) broker-dealers strictly to traditional equity securities. This move is seen as a cleanup of long-standing regulatory red tape, providing clarity for brokers who had been uncertain about their obligations regarding cryptocurrency quotations.
Concurrently, the news articles highlight a market narrative where investors are portrayed as shifting focus from established cryptocurrencies like Dogecoin (DOGE) and Ethereum (ETH) towards a new AI-focused project, DeepSnitch AI (DSNT). The DSNT presale is reported to have raised over $2.2 million, with early investors seeing gains of 200%. The project's promotional material heavily contrasts its potential with what it calls uninspiring long-term price predictions for DOGE and SIREN.
In a related technological development, Sam Altman's World project launched AgentKit, a developer toolkit that enables AI agents to make micropayments via blockchain (using Coinbase's x402 protocol) while proving human verification through World ID. The system has already processed over 100 million payments since 2025, cited as evidence that blockchain infrastructure is becoming essential for scalable AI agent economies.
