SEC Under the Vision of the New Chairman: Towards a Clear Regulatory Framework for the Cryptocurrency Market

The new chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, has stated that one of his top priorities during his term will be to develop a reasonable regulatory framework for the cryptocurrency asset market. He emphasized the importance of establishing clear rules regarding the issuance, custody, and trading of cryptocurrency assets.

Mr. Atkins' goal is to create a more transparent and fair environment, aimed at protecting the interests of both investors and businesses in the rapidly growing cryptocurrency sector. Establishing reasonable regulations will not only help enhance investor confidence but also promote innovation in the financial industry.

This change is expected to open up opportunities for the sustainable development of the cryptocurrency market in the U.S., while also helping businesses in the sector operate more effectively within a clear and consistent legal framework. It is forecasted that these regulatory measures will have a positive impact, encouraging increasing participation from investors and promoting the cryptocurrency market to thrive even more in the future.#CryptoCPIWatch