What did Paul Atkins say in the latest roundtable on cryptocurrencies for the Securities and Exchange Commission?

In a keynote speech at the latest SEC discussion on cryptocurrencies, Paul Atkins commented on the role of the committee in cryptocurrency policy. He identified three main areas for 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, the SEC seems poised to make a real shift in cryptocurrency policy in the United States.

Paul Atkins' Plans for the Securities and Exchange Commission

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

Hester "Mother of Cryptocurrencies" Peirce was enthusiastic, and Caroline Crenshaw expressed her usual doubts, while SEC Chairman Paul Atkins delivered a keynote address:

"For the United States to be the 'capital of cryptocurrencies on the planet' as envisioned by President Trump, the committee 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.