CoinWorld reported that Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission, announced that the agency will take swift action to implement the recommendations of the Presidential Working Group on cryptocurrency regulation. This move aims to foster innovation in the digital asset market and provide greater clarity. Specifically, the plan seeks to shift from a law enforcement-driven regulatory approach to a rules-based method, thereby striking a balance between protecting investors and promoting technological advancement. Notably, Atkins revealed this information at a blockchain seminar in Wyoming. At the core of this vision is the President’s Digital Assets Group, which will lead the next phase of digital asset regulation in the United States.