- SEC Paul Atkins President is clearly in encryption regulations
- Paul Atkins reveals plans for the clearer work framework
- Paul Atkins pushes SEC to transparent and organized encryption rules
Paul Atkins, head of the newly appointed US Securities and Stock Exchange, pledged to bring clarity to the organizational scene of the cryptocurrency.
Speaking to the sub -committee for US Senate Accreditation on June 3, 2025, Attins has set his strategy to create clear and effective regulations for the fast encryption industry.
SEC’s Atkins pays for structured encryption rules
He highlighted that the lack of clear guidelines led to the cessation of innovation and leaving investors in the danger of fraud. Its primary focus will be to create an organizational framework that supports innovation while protecting investors from malignant activity.
Atkins expressed his commitment to stay away from the “executive regulations” model, which distinguishes a period previously second Chairman of the Board of Directors Gary Ginsler. Instead, he promised a more organized approach, while emphasizing transparency and the participation of stakeholders by setting the rules of notification and trip.
This process will allow SEC to develop the rules specifically designed for the unique properties of the encryption sector, ensuring stability and long -term growth.
The encryption team focuses on the main issue
ATKINS also shared details about the newly formed encryption squad from SEC, which is assigned to address critical problems in the encrypted currency market. According to ATKINS, the work squad has already conducted multiple round table discussions that focus on vital topics such as encryption trading, custody, and distinctive symbol.
This round aims to enhance deep discussions on how to organize digital assets effectively, ensuring that SEC policies are comprehensive and practical.
He also pointed out that the work squad, with the support of the main SEC Commissioners such as Hester People and Uyeda, is moving quickly to provide organizational clarity that affects the need.
Political policies will be made by setting the rules of “notice and comment”, not an enforcement organization, Secgov Paul Atkins, Chairman of the Board of Directors, stated during a Senate hearing.
The Sub -Committee for Financial Services confirmed that the agency will prevent the formation of its rules … pic.twitter.com/lmdgey8ne
MPOST Media Group (MPOST_IO) June 4, 2025
Atkins expressed confidence in driving and experience in the members of the Labor Squad, adding that they are committed to creating clear and implemented policies that would help the encryption market in prosperity.
Atkins statement echoed the Trump administration’s largest targets that made the United States more welcoming to cryptocurrencies. Because of its direction, SEC is working on the regulations that enable progress in industry and secure Americans’ investments, making the United States a major encoding destination.
