SEC boss Paul Atkins charts ‘new day’ for crypto with three-pronged plan – DL News
- Paul Atkins says the SEC should foster crypto innovation.
- He’s presented three focus points for the agency.
- His comments mark a departure from the Gensler era.
Paul Atkins is fighting in the crypto industry’s corner.
The new Securities and Exchange Commission chair made that clear during the regulator’s Crypto Task Force roundtable discussion on tokenisation on Monday.
The days of former Chair Gary Gensler’s “shoot-first-and-ask-questions-later approach” are gone, he said, replaced by a commission that won’t compel crypto companies “to go offshore to innovate with blockchain technology.”
“It is a new day at the SEC,” Atkins said in his prepared remarks. “Policymaking will no longer result from ad hoc enforcement…