According to reports from Wu, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), stated at an SEC conference that he will promote the drafting 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 improve efficiency and eliminate enforcement orientation. The SEC will return to its position of 'supporting innovation.'