As reported by Odaily, U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins addressed the House Financial Services and Government Operations Appropriations Subcommittee on May 20, 2025. During his testimony, Atkins underscored the critical need for regulatory transparency and accountability—especially within the rapidly evolving digital asset landscape.
He emphasized the importance of thorough cost-benefit analysis in rule-making, cautioning against overly burdensome regulations that could stifle innovation and growth. Atkins also called for stronger collaboration with Congress to ensure that the SEC’s regulatory efforts are aligned with legislative intent.
Advocating for a balanced and measured approach, Atkins reaffirmed the SEC’s commitment to safeguarding investors, upholding market integrity, and supporting the responsible development of emerging financial technologies.
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