The SEC chair suggests “huge benefits” at the agency’s third agency’s round table
In one of its first manifestations as president of the US Securities and Stock Exchange Committee, Paul Atines made notes to the agency’s third round table on the organization of encryption.
At the round table “Get to know the guard” on April 25, Atkins He said “Huge benefits” of Blockchain technology is expected through efficiency, risk alleviation, transparency, and cost reduction. He reiterated that among his goals in the Supreme Education Council is to facilitate the “clear regulatory rules of the road” of digital assets, which hints that the agency during the era of former President Gary Ginsler contributed to the uncertainty in the market and the uncertainty.
“I look forward to engaging with the market participants and working with colleagues in the management of President Trump and Congress to create a rational framework for purposes for encryption assets,” said Atkins.
Some critics of US President Donald Trump sees Atkins to lead the Supreme Education Council as a reference to the encryption industry, and to represent the campaign’s promises to remove Jinsler – the former president resigned on the day Trump took office – and reduced the organization. Democratic lawmakers of the Senate Banking Committee interrogated Atkins on his relations with industry, and perhaps a conflict of interests in his role in regulating encryption.
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“We have noticed that we do not have to feel anxious […] About our being accused of things that we do not do, such as being a mediator for securities, said the chief legal official at Exodus Veronica McGregor, who participated in the round table, for Cointelegraph on April 24. “It is just a generally less frightening organizational environment. However, it’s still unclear how it will look final for encryption.” The SEC Crypto Business Squad is scheduled to hold another round table in May and June to discuss the distinctive symbol and decentralized financing, respectively. Commissioner Hyster Pears, who leads the work band, told March that she welcomed the opportunity to work with ATKINS to “Rest. In addition to the round table, the Crypto Business Squad has reported several meetings with digital asset companies to discuss various policies and considerations in developing an organizational framework. magazine: SEC’s U-Orn on Crypto Main Questions Waves without answeringSEC direction under new leadership