‘I Expect Huge Benefits from This Market Innovation’: New SEC Chair Signals Crypto Policy Shift in New Speech
It’s the dawn of a new crypto era for the U.S. Securities and Exchange Commission (SEC).
New SEC Chair Paul Atkins, who was sworn in this week, spoke at the regulator’s third “Crypto Task Force” roundtable on Friday and talked up the potential of digital assets.
He also lambasted the SEC’s previous regulatory approach toward the sector.
“This is important work as entrepreneurs across the United States are harnessing blockchain technology to modernize aspects of our financial system. I expect huge benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation. Market participants engaging with this technology deserve clear regulatory rules of the road. Innovation has been…
