The new chairman of the US SEC, Paul S. Atkins, has pushed for regulatory transformation since taking office, advocating for 'common-sense regulation' and 'support for innovation.' The SEC has recently withdrawn multiple enforcement cases related to cryptocurrencies, clearly stating that meme coins, PoW tokens, and others are not considered securities, and has approved Bitcoin and Ethereum spot ETFs. Atkins supports establishing clear rules for the issuance, custody, and trading of crypto assets, encouraging DeFi innovation, and taking a lenient approach towards miners, nodes, and staking services. Future policy directions include accelerating the approval of crypto ETFs, clarifying standards for securities identification, and promoting legislation to clarify regulatory jurisdiction. This series of policy adjustments has boosted market sentiment, but there remains uncertainty regarding the pace of policy implementation and external factors.