#CryptoRoundTableRemarks

🇺🇸 New SEC Chair Announces Shift in Approach to Crypto Market Regulation

Paul Atkins stated that the previous policy of "ad-hoc lawsuits" is becoming a thing of the past. Now, the regulator will develop clear and tailored rules for digital assets.

The SEC will consider the possibility of:

▶️ Allowing self-custody for funds and managers;

▶️ Providing flexibility for new crypto projects that don't fit into old regulations;

▶️ Updating rules for brokers and custodians.

"This is a new day for the SEC. Cryptocurrency has the potential to bring enormous benefits — our job is not to stand in the way, but to regulate wisely," Atkins said.