At the third cryptocurrency roundtable held by the SEC on April 25, new Chairman Paul Atkins emphasized that blockchain has "tremendous benefits" in improving efficiency, enhancing transparency, and reducing costs. He promised to push for a clear regulatory framework for digital assets and hinted at regulatory uncertainty under the leadership of former Chairman Gary Gensler. Atkins stated he would work with the Trump administration and Congress to establish appropriate regulations. Experts point out that the current regulatory environment is "not that intimidating," but there are still many uncertainties.

Source: https://www.sec.gov/newsroom/meetings-events/know-your-custodian-key-considerations-crypto-custody