Speaking about his first since returning to his role, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins says the crypto sector deserves clear regulations. Certainly, Atkins made his first statement in his new position after being sworn in earlier this week.
The presence of a new SEC chairman indicates a continuous shift in emerging industries to regulatory standards for cryptocurrency. Furthermore, these efforts are in line with the larger trajectory of the returning Trump administration, which sought to completely rethink the country’s crypto policy.
Just: Sec Chair Paul Atkins says the crypto sector deserves clear regulations.
– watcher.guru (@watcherguru) April 25, 2025
SEC Chair speaks about crypto regulations and the role of agencies in their first statement
As April is soon approaching its end, it was already a monumental year for US cryptocurrency law. President Donald Trump has adjusted the complete reversal of his policy sentiment and embraced the developing asset class.
It continues to arrive with new leadership for important institutions. Certainly, when Paul Atkins spoke for the first time as SEC Chair, he reaffirmed that Crypto deserves clear law. Specifically, he discussed asset classes when he returned to the post he held as chairman of the 34th Agency.
Atkins accused the agency of retaining innovation within the sector by creating “regulatory uncertainty” under past administrations. “Market participants engaged in this technology deserve clear regulatory rules for roads,” he said, according to a Reuters report.
“We look forward to engaging with market participants and working with President Trump’s administration and colleagues in Congress to establish a reasonable and appropriate framework for crypto assets,” he said Friday at the SEC’s Cryptographic Roundtable.
Atkins also shares his expectations for “great profits” from the advent of digital assets. Certainly, he has been a defender of Crypto for a long time and brings it to this position. Cryptocurrency is then likely one of his top priorities as chairman.
