In short
- Newly appointed SEC chairman Paul Atkins made his first public comments as head of the committee earlier today.
- Atkins attended the third crypto round table of the SEC, accompanied by the heads of various Cryptody Custody companies.
- Atkins again made it clear that he is planning not to be a Genler, so that the regime of the earlier chairman was beaten for his attitude on Crypto.
Newly sworn SEC chairman Paul Atkins gave his first full address on Friday and praised the recent pro-Crypto work of the committee in his absence and condemned the earlier steps of the agency against the industry under previous chairman Gary Gsler and the Joe Biden administration.
“Market participants who deal with this technology deserve clear regulatory rules of the road,” said Atkins about Crypto, from the headquarters of the Bureau in Washington. “Unfortunately, innovation has been suppressed in recent years because of market and regulatory uncertainty that unfortunately the SEC has promoted.”
The comments occurred on the third -dedicated crypto tour table of the SEC, which was concentrated today on Crypto -Guardty– That is, securing and storing crypto assets on behalf of customers. During his short speech, Atkins also praised the work of colleague -republican commissioner, Hester Peirce, who led the new of the office Crypto Task Force since January.
“My warmest personal thanks go to Commissioner Peirce for her principle and tireless advocacy for common sense crypto policy in the United States,” he said. “It is no wonder she has rightly earned the title ‘Crypto Mom’.
In the past 90 days, led by Peirce, the SEC has been once accompanying approach to the crypto industry, drop The majority of his controversial, crypto-oriented lawsuits and investigations. The supervisor has also issued statements that are exemption multiple categories of Crypto assets of securities regulations.
Now Atkins, a former SEC commissioner under President George W. Bush, is back in the building after a months long confirmation process. He has given every indication that pushing pro-Crypto policy will be a top priority of his chairmanship after he during his Hearingin the White House earlier this week during his ceremonyAnd now today, during his first official address in office.
“I am looking forward to dealing with market participants and working with colleagues, the government of President Trump and the congress to set up a rational, suitable for the target window work for crypto assets,” Atkins said today.
“I expect enormous benefits of this market innovation in terms of efficiency, cost reduction, transparency and risk reduction,” he added.
Daily debrief Newsletter
Start every day with the top news stories at the moment, plus original functions, a podcast, videos and more.