SEC president announces “a new day” in the goal to become “the planet’s encryption capital”

ATKINS opened the meeting, saying that the topic of discussion in a timely manner as “securities are increasingly migrating from traditional databases (or” outside the series “to the Blockchain book book on the series.”

Discussion of the round table was the third in a series of four dealing with the distinctive symbol and bringing traditional assets to the chain.

Atkins declared “a new day in the Supreme Education Council”, which is the organization through implementation towards establishing clear organizational frameworks through the operations of setting appropriate rules.

In order for the United States to be “the planet’s encryption capital”, the committee must “keep pace with innovation and consider whether organizational changes are needed to accommodate the securities on the series and other encryption assets.”

“Policy -making will not be caused by special enforcement procedures.”

Paul Atkins Chairman’s statements in the Crystate Business Squad, the round table, on the distinctive symbol:

The topic of discussing this day in a timely manner, as securities are increasingly migrating from traditional databases (or “outside the chain”) to the Blockchain professor’s booklet systems (or “on the series).

The American Securities and Stock Exchange Committee (SECOGO) May 12, 2025

Issue, custody and trading

Atkins compare immigration from traditional securities to Blockchain with the digital revolution in the music industry. He suggested that it could transform the stock markets by enhancing liquidity, automation and new applications.

There were three main concentrations in Round table: Issue, nursery, and trading.

He acknowledged that few encryption assets have used recorded offers, and he is committed to developing clearer instructions and possible new recording exemptions for the distinguished symbol exporters.

The organizer also plans to provide more options for encryption custody, including reviewing the requirements of the “qualified guardian” and perhaps allowing self -needs solutions.

Third, ATKINS supports broader trading options, including “high applications” that combine securities with unexpected trade, and updating alternative trading system regulations.

He said before adding: “In the past few years, SEC first followed what I call the” Head-I-THE-Sand “approach-the hope that Crypto will disappear.”

“After that, he installed it and followed it as an approach to photographing the organization through the organization through the organization.”

Connect a box in a round hole

He referred to dated models such as S-1, which may not apply to Crypto, adding, “We cannot encourage innovation by trying to contain a square connection in a round hole.”

Atkins, who took over the head of the Supreme Education Council in April, concluded:

“I am keen to coordinate with colleagues in the management of President Trump and Congress to make the United States the best place in the world to participate in the encryption asset markets.”

The final round table entitled “Defi and the American Spirit” is scheduled for June 9.

Earlier this month, SEC and Ripple agreed on a $ 50 million settlement ending the five -year legal battle that the previous administration incited as one of its first moves in its war to encrypt.