🇺🇸 The new head of the SEC promised to establish a dialogue with the crypto industry
The new chair of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, spoke for the first time in his new role, announcing a change in approach to regulating digital assets.
He emphasized that the regulator will no longer "try to stifle innovation" and must reassess its work in light of technological changes:
▫️ The SEC is preparing updated rules for the crypto industry and has already begun issuing clarifications for market participants.
▫️ Crypto companies will no longer face "regulation through coercion"; instead, the SEC will open a direct dialogue with businesses.
▫️ Atkins proposed allowing the storage and trading of both securities and digital assets under a single license.
▫️ The FinHub division, which the industry viewed as a tool of pressure, will be disbanded.
▫️ The regulator intends to simplify retail investors' access to investment funds, including those related to alternative assets.
So, I think we are expecting the inevitable demand for crypto assets.
