#CryptoRoundTableRemarks #CryptoRoundTableRemarks

The president of the SEC. He plans to establish an appropriate regulatory framework for cryptocurrencies.

At the fourth roundtable event of the Cryptocurrency Working Group, SEC Chairman Paul Atkins disclosed how he plans to implement proper regulations for digital assets in the United States, emphasizing that his mandate as chairman will prioritize the development of a rational regulatory framework.

He stated that traditional securities laws are incompatible with on-chain assets and could stifle the growth of blockchain technology. Policy formulation at the Commission will shift from ad-hoc enforcement actions to a different approach, such as establishing appropriate standards for market participants.

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