New SEC guard Paul Atkins promises ‘clear rules of the road’ to escape crypto ‘lava pit’ – DL News
- SEC Chair Paul Atkins pledged to create clear, fit-for-purpose crypto rules.
- Hester Peirce said crypto firms face a “lava pit” of unclear regulation.
- The roundtable signals a softer SEC stance after years of aggressive enforcement.
There’s a new sheriff in town, and he’s getting straight to business.
New SEC Chair Paul Atkins pledged to bring clarity to cryptocurrency regulation during the agency’s latest roundtable discussion on Friday, criticising past efforts and promising a “fit-for-purpose” framework for digital assets.
“I expect huge benefits from this market innovation in terms of efficiency, cost reduction, transparency, and risk mitigation,” Atkins said. “Innovation, unfortunately, has been stifled for the last…
