The SEC changes its tune on crypto with Paul Atkins
During a panel discussion on tokenization, Paul Atkins, the new chairman of the Securities and Exchange Commission (SEC), made particularly optimistic remarks regarding blockchain technologies during his opening speech.
Moreover, he emphasized the significance of this technological revolution by comparing it to music, whose medium has evolved significantly over the past few decades:
Subsequently, this led to interoperability with numerous devices and applications, paving the way for new products such as streaming, which has greatly benefited "investors and the American economy," according to him.
The SEC chairman therefore promises clear regulation to make the United States the "global capital of cryptocurrencies."
For example, he wants to streamline the registration process for companies wishing to issue crypto-assets classified as securities, at a time when most players have so far avoided this path, which is still considered too complex.
