In one of his first speeches since he became president of the Securities and Exchange Commission of the United States in April, Paul Atkins responded to some of the regulatory concerns concerning the cryptocurrency industry.
In remarks prepared for a speech of May 19, Atkins said that it was a “new day” for the cryptographic industry under the current direction of the SEC. He suggested that the financial regulator would be more open to “adapt and adapt to new developments” while respecting its statutes.
“Cryptographic markets have been languishing in dry limbo for years,” said Atkins, adding:
“Although I have managed the staff of the Commission through our political divisions to start writing proposals for rules related to the crypto, the staff continues to” erase the brush “through the staff levels.”
Even before ATKINS is in the role of president of the SEC, the actions of the commission under Donald Trump suggested that it would radically deviate from the management of former president Gary Gensler. In 2025, the SEC abandoned several surveys and implementing measures against cryptographic societies and published advice on mecoins and safety tokens.
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“While I start my mandate as president, I can tell you that we take up our promotional roots rather than stifling innovation,” said Atkins. “The markets innovate and the dry should not be in the field of telling them to remain motionless.”
Looking at the congress for the structure of the market
Atkins’ remarks came while US legislators have considered a bill to establish a regulatory structure for cryptographic markets. The proposed bill, moving by the House of Representatives, could clarify the roles that the SEC and the Commodity Futures Trading Commission (CFTC) have to supervise and regulate digital assets.
Until the legislation adopts the Congress and is signed, the rules and directives of the dry on crypto could face a repression of the affected parties.
https://www.youtube.com/watch?v=ziirhv3cbog
The President of the SEC has given opening and supervised the commission’s round events, discussing regulatory problems concerning digital assets and blockchain. The next event, scheduled for June 9, will cover decentralized finances.
Review: The U-turn of the dry on the crypto leaves key questions unanswered
