The president of the Securities and Exchange Commission), Paul Atkins, has targeted the cryptographic policies of the previous administration in the last round event of the regulator exploring the regulation of digital assets.
In an event on Monday led by the working group on the Crypto of the SEC entitled “DEFI and the American spirit”, Atkins said that the previous administration, suggesting the agency’s position on digital assets under former president Gary Gensler, adopted a heavy approach by the courts. He added that dry policies on the implementation of a service provider needed convention approval to have a sustainable authority, and presented auto-custody as a “fundamental American value”.
“I am in favor of offering greater flexibility for participants in the assets of self-degusting cryptography assets, in particular when intermediation imposes unnecessary or restricted transaction costs the possibility of engaging in the development and other onchain activities,” said Atkins during the round table.
“Unfortunately, the previous administration has undermined innovation in self-details digital portfolios and other ONCHAIN technologies by affirming through regulatory actions that the developers of these software can carry out brokerage activities.”
The routable event was the fifth in 2025, organized by the working group on the Crypto de la SEC, led by Commissioner Hester Peirce. Previous round table discussions focused on the regulation of crypto exchanges, guard, tokenization and the status of tokens as titles. Monday, no additional round table appeared on the dry calendar.
In relation: The securities laws go beyond simple definitions – SEC commissioner
The SEC Commissioner, Caroline Crenshaw, said: “… These round tables have a lot for us with the least. Although the series was presented as a spring sprint towards the clarity of the crypto ”, “ I am not sure that we have identified a lot of things that can be simply clarified (…) with problems this complex and features as high, it is better to do so. “
Dry U-Tour under Atkins and Donald Trump?
Since President Donald Trump took up his duties and peopleler left the dry in January, the agency apparently adopted a different approach to digital assets, both through its regulatory authority and the courts.
In February, the SEC agreed to remove a action in force against Coinbase after less than two years before the court. About a month later, the CEO of Ripple Brad Garlinghouse announced that the SEC would abandon its appeal following a court decision against the cabinet arising from an action under 2020.
The leadership panels of important American financial regulations, the SEC and the Commodity Futures Trading Commission (CFTC), will probably be in the near future according to the resignations and the conditions expired for the commissioners. The legislators of the Senate Agriculture Committee should examine Trump’s appointment on Brian Quintenz as president of the CFTC.
Review: The U-turn of the dry on the crypto leaves key questions unanswered
