#CryptoRoundTableRemarks

In the last roundtable meeting of the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group on May 12, Chairman Paul Atkins revealed a transformative regulatory vision for digital assets. He emphasized the need for clear and purpose-built rules covering the issuance, custody, and trading of cryptocurrencies, aiming to update outdated frameworks and support innovation. Atkins highlighted the shift from traditional systems to blockchain-based ledgers, likening it to the evolution from analog to digital in the music industry. This initiative aligns with President Trump's goal of establishing the United States as the "cryptocurrency capital of the world." Commissioner Hester Peirce expressed her enthusiasm for embracing the concept of tokens, while Commissioner Caroline Crenshaw urged caution, questioning the necessity for Wall Street to transition to blockchain technology....