What did Paul Atkins say in the latest roundtable on cryptocurrencies for the SEC?

In a keynote speech at the latest discussion round on cryptocurrencies for the SEC, Paul Atkins commented on the role of the commission in cryptocurrency policy. He identified three main areas of regulatory focus: issuance, custody, and trading.

Compared to his recent appearance in the discussion round in late April, Atkins provided insights into his ambitious agenda for cryptocurrencies. With these priorities, it seems that the SEC will make a real shift in cryptocurrency policy in the United States.

Paul Atkins's plans for the Securities and Exchange Commission

Earlier today, the SEC hosted its fourth discussion on cryptocurrencies, centered around tokenization. Its agenda had been announced for several weeks, and the commission published the full data from several members.

Hester "the mother of cryptocurrency" Peirce was enthusiastic, Caroline Crenshaw expressed her usual doubts, and SEC Chairman Paul Atkins delivered a keynote speech:

"For the United States to be the 'capital of cryptocurrency on the planet' as envisioned by President Trump, the commission must keep pace with innovation. Rules and regulations designed for off-chain securities may be incompatible or unnecessary for on-chain assets and hinder the growth of blockchain technology," he claimed. (Quoted)