Newly confirmed United States Securities and Change Fee (SEC) Chair Paul Atkins laid out what his tenure on the federal regulator will seem like on Friday whereas giving opening remarks on the company’s third-ever crypto roundtable.
Atkins Offers First Crypto Roundtable Remarks As SEC Chair
In his April 25 remarks, Atkins reaffirmed his imaginative and prescient to drive ahead balanced rulemaking relating to the digital asset business whereas taking a swipe at former SEC head Gary Gensler’s regulation-by-enforcement method to the sector on the company’s D.C. headquarters.
“Market contributors participating with this expertise deserve clear regulatory guidelines of the street,” Atkins stated. “Innovation has been stifled for the final a number of years on account of market and regulatory uncertainty that sadly the SEC has fostered.”
Chairman Paul Atkins' remarks on the Crypto Activity Drive Roundtable at present: https://t.co/qdz19Hdgyl pic.twitter.com/eJgwXNkJko
— U.S. Securities and Change Fee (@SECGov) April 25, 2025
“I look ahead to participating with market contributors and dealing with colleagues in President Trump’s Administration and Congress to determine a rational, fit-for-purpose regulatory framework for crypto property,” he added.
Paul Atkins Praises SEC Commissioner Hester Peirce
Atkins’ feedback got here simply days after he was sworn in to steer the SEC in a White Home ceremony, the place he vowed to use a “rational, coherent, and principled” method to the cryptocurrencies at giant.
Atkins is extensively seen as a pro-crypto option to spearhead the U.S. regulatory setting, with reviews indicating that the one-time SEC commissioner owns as much as $6 million in digital property himself.
Friday, nonetheless, marked the primary roundtable by the SEC’s Crypto Activity Drive to characteristic Atkins as a panelist and the general public alike mentioned custody guidelines and laws.
Launched in January, the company’s Crypto Activity Drive seeks to generate a “complete and clear regulatory framework for crypto” by collaborating with the general public “to set the SEC on a smart regulatory path.”
Throughout his remarks on Friday, Atkins shouted out SEC Commissioner and Crypto Activity Drive chief Hester Peirce for her “tireless advocacy” for commonsense crypto coverage within the U.S.
“Commissioner Peirce is the fitting individual to steer the trouble to provide you with a rational regulatory framework for crypto asset markets,” he stated.
The publish SEC Chair Paul Atkins Marks Swift Departure From Gary Gensler-Rulemaking appeared first on Cryptonews.