New SEC Chair Atkins: A New Era of Crypto Regulation Has Arrived
U.S. Securities and Exchange Commission Chair Paul Atkins was sworn in at the White House, emphasizing that regulating cryptocurrency will be his top priority. He pledged to return to the core responsibilities of the SEC, focusing on protecting investors and maintaining market fairness.
Atkins stated, "Today is a new day for the SEC, and we must abandon past deviations." He emphasized that establishing a regulatory foundation for digital assets is his priority.
As a former SEC commissioner and supporter of Trump’s economic advisory, Atkins' appointment signifies that the SEC will adopt a more friendly regulatory policy, in stark contrast to the tough stance of former Chair Gary Gensler. Since Trump returned to the White House, the SEC has shown a shift in regulatory thinking and established a dedicated team to engage with the industry to enhance transparency.
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