According to reports by Wu, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), stated at an SEC speech that he will promote the development of rules related to crypto assets and support an integrated custody mechanism for both securities and non-securities assets. The FinHub, originally responsible for crypto innovation matters, will be integrated into other business departments to enhance efficiency and eliminate a law enforcement orientation. The SEC will return to a position of 'supporting innovation.'