New SEC chief promises clear crypto rules
Outdated rules and legal uncertainty have stifled innovation, said Atkins, who now aims to create a rational and fair crypto framework.
New SEC Chairman Paul Atkins has committed to creating a clear regulatory framework for the crypto sector. He aims to replace ambiguity with investor protection and support for innovation.
Speaking before the Senate Appropriations Subcommittee on 3 June, he said outdated and unclear rules have held the industry back.
Atkins stressed that his approach would end the former administration’s ‘regulation-by-enforcement’ model. He plans to use structured rulemaking, with notice-and-comment procedures guiding the creation of clear, tailored regulations for the…
