Paul Atkins calls for fresh SEC crypto rules to end years of innovation stifling

Newly sworn-in SEC Chairman Paul Atkins called for a comprehensive overhaul of the agency’s regulatory framework for crypto, warning that outdated rules and enforcement-heavy policies have stifled innovation for years.

Speaking at the SEC’s third crypto task force roundtable in Washington, D.C., Atkins said the current regulatory environment “badly needs attention,” pointing to the urgent need for a “rational, fit-for-purpose framework” that can foster responsible innovation while safeguarding investors.

Atkins said in his opening remarks:

“Innovation, unfortunately, has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.”

Atkins, who officially assumed…

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