Paul Atkins has assumed the role of Chairman of the SEC, marking a historic turning point in cryptocurrency regulation! This new crypto-friendly chairman promises to create a clear and rational regulatory framework, replacing the hardline enforcement approach of his predecessor Gary Gensler, aiming to balance investor protection with financial innovation.
Atkins emphasized that the SEC will shift from 'regulation by enforcement' to establishing clear rules, reducing reliance on lawsuits, and focusing on policy guidance and compliance assistance. Recently, the SEC has suspended lawsuits against projects like Coinbase and Uniswap, showing signs of change. He also supports the accelerated listing of crypto ETFs. Bloomberg analyst Eric Balchunas revealed that there are currently 72 crypto ETFs awaiting approval, including altcoins like XRP, SOL, LTC, DOGE, and 2025 may become a fervent year for the crypto market!
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