Paul Atkins, president of the U.S. Securities and Securities Commission (SEC), said institutions must renew their regulated weapons if they want to regulate the issuance, storage and negotiation of digital assets and position the country as a global cryptocurrency leader.
In a new round of discussions on the SEC’s cryptocurrency working group, Atkins detailed the plans for Establish clear rules to promote innovation Without neglecting investor protection.
According to staff, the CD compliance approach returns to the original intentions of the US Congress. Prioritizing monitoring for fraud and operations. He further emphasized that agencies must adapt to innovations such as symbolization so that they do not suffocate sector growth.
“For the United States to become the planet’s cryptocurrency capital, as President Trump expects, the SEC must keep innovation up to date and consider regulatory changes to tokenized values and other types of digital assets, blockchain.”
Paul Atkins, Chairman of the US Securities and Securities Commission.
Sold on April 21, 2025, Atkins marked a course change to the management of his predecessor, Gary Jensler. His position was criticized for his approach to litigation. During the Round Table, the SEC president compared to tokenization with the digital audio revolution in the music industry.
“The transition to tokenized values could potentially modify aspects of the stock market by issuing, negotiating, owning and using whole new methods,” he said. He explained that securities in the chain can use intelligent contracts to transparently distribute dividends, traditionally improving the liquidity of ILEQUID assets. Open new investment opportunities.
Clear contrast
Atkins’ approach contrasts with the SEC’s last year. Ignoring cryptocurrency, then adopted aggressive regulations Through compliance actions. “The SEC was willing to say she would be happy to talk to a possible recorder, but I think this is temporary and misleading,” he criticized.
He noted that forms such as S-1, which require information on enforcement fees, do not comply with the needs of digital assets. We proposed to adapt the process as SEC did with other types of values, Reflects the characteristics of cryptocurrency.
Creating a cryptocurrency workgroup led by Commissioners Mark Weda and Hester Perth is a step towards internal coordination. “For too long, the committee has been troubled by silos in policy making,” Atkins said. The group is trying to unify its efforts to provide regulatory clarity.
The community reported by Cryptootics maintains high expectations for these reforms. Above all, the US president himself has expressed his interest. Convert the country into the capital of Bitcoin and cryptocurrency of the whole planet. This would suggest that the majority of the sector’s development is based on American soils, including digital mining.
The SEC has removed lawsuits against platforms such as Ripple, Coinbase and Kraken. Towards a low-aggressive position against the sector. Additionally, agents face reviews of more than 70 requests for Cryptoactive-linked Citation Funds (ETFs).
Balance between innovation and legal certainty
Round table, titleTokenization: Mobile Chain Assets: Where Tradfi and Defi are foundpart of a series of meetings to discuss topics such as custody and tokenization. Atkins raised an important question: Do you need the necessary amendments to the securities law to adapt the custody rules? Does a special purpose runner system work?? These arguments call for a balance between innovation and legal certainty.
Cryptootics reports that the community expects the SEC to define whether a digital asset is a value, a product, or a new category. Reduce the uncertainty limiting the development of the US sector.
Atkins also addressed investor protection, highlighting that clear rules can help identify fraud. “This is the new day for the section. The development of the policy will no longer be attributed to ad hoc compliance actions,” he promised.
Its commitment is to use existing author authorities to establish standards that do not hinder blockchain technology. However, the facial challenges As state regulatory tensions and institutional pressure It calls for greater exposure to cryptoactive.
Atkins’ speech reflects a practical approach supported by his experience as a commissioner for the SEC between 2002 and 2008. He is positioned in his career in regulatory consulting and his support for innovation. As an important person to change sector regulations. If we finally implement a clear framework, the US could be integrated into one of Trump’s promises as a leader in decentralized finances.