The newly appointed United States Securities and Exchange Commission (SEC) Chair, Paul Atkins, made his first public remarks at the agency’s third crypto roundtable, outlining his approach to regulating the digital asset industry. In his speech on April 25, Atkins emphasized the need for clear regulatory guidelines to foster innovation in the sector, criticizing the previous enforcement-focused approach under Gary Gensler’s leadership.
Atkins expressed his commitment to working with market participants, the Trump administration, and Congress to establish a rational regulatory framework for crypto assets. He highlighted the importance of providing clarity and certainty to market players to drive growth and development in the industry.
Following his recent appointment as SEC Chair, Atkins has been praised for his pro-crypto stance and his personal investments in digital assets. His participation in the Crypto Task Force roundtable signals a shift towards a more balanced and principled approach to regulating cryptocurrencies.
The SEC’s Crypto Task Force, launched in January, aims to develop a comprehensive regulatory framework for the crypto market through collaboration with stakeholders. Atkins commended SEC Commissioner Hester Peirce for her advocacy for sensible crypto policies and leadership in shaping regulatory guidelines for digital asset markets.
Overall, Atkins’ remarks at the roundtable reflect a departure from the enforcement-heavy approach of his predecessor, signaling a new direction for the SEC under his leadership. His focus on fostering innovation and establishing clear regulatory guidelines is expected to shape the future of the crypto industry in the United States.
This article was originally published on Cryptonews and has been reimagined with a focus on key points and insights shared by SEC Chair Paul Atkins during the crypto roundtable.