SEC Chair Outlines Pro-Crypto Overhaul in Keynote Address
In a May 12, 2025 Keynote Address before the U.S. Securities and Exchange Commission (“SEC”) Crypto Task Force’s fourth industry roundtable on digital assets, newly-minted Chair Paul Atkins laid out a sweeping vision for modernizing the U.S. securities framework to accommodate blockchain-based assets. His remarks reflect a sharp departure from his predecessor’s enforcement-heavy stance and outline a more rules-based, innovation-oriented approach.
Atkins likened the move from traditional securities to tokenized instruments to the digitization of music, suggesting that blockchain technology will unlock novel and improved ways to issue, own, and trade assets.
As outlined in the Chair’s address, the SEC’s crypto policy…