#CryptoRoundTableRemarks
🚨 SEC and Cryptocurrencies: A New Regulatory Approach 🚀
The SEC Chairman, Paul Atkins, announced a key change in regulatory policy during the Crypto Roundtable on May 12, 2025. Instead of focusing on sanctions, the new strategy seeks clear and collaborative rules for digital assets.
🔹 Clearer regulation: A rational framework for the issuance, custody, and trading of cryptoassets will be prioritized.
🔹 End of regulation by enforcement: The ad-hoc sanction approach will be left behind, opting for well-defined rules.
🔹 Tokenization and financial evolution: Atkins compared tokenization to the digital transformation of the music industry, highlighting its potential to enhance efficiency and accessibility in markets.
🔹 Openness to new products: Changes are being studied to allow brokerage firms to facilitate trading with Bitcoin and Ethereum, which are not securities.
This speech marks a historic shift in the SEC's stance, with a more progressive and innovation-friendly approach. 🚀
📢 Do you think this new approach will drive the growth of the crypto market?