The new president of the SEC, Paul Atkins, described new objectives for the cryptography industry under his direction.
In his testimony to the sub -coming of the credits of the United States Senate on June 3, 2025, the new president of Securities and Exchange Commission (SEC) established his intention to establish a clear and complete regulatory framework for the cryptographic sector.
Atkins noted that the ambiguous and nonexistent rules have inhibited the progress of the industry, stressing that its mandate will fill the gap aimed at promoting innovation while protecting investors.
“A key priority of my presidency will be to develop a rational regulatory framework for the markets of cryptographic assets which establishes clear road rules for issuing, custody and trade in cryptographic assets,” said Atkins.
He underlined the need for clearer directives in the prohibition of malicious activity within the industry, adding that “clear road rules are necessary for the protection of investors against fraud”. Addressing the controversial approach to “regulations compared” observed under former president Gary Gensler, Atkins stressed his commitment to an evolution towards structured and participative regulations. He is committed to relying on “notice and trade procedures” to create policies adjusted to the use adapted to the asset class.
The head of the SEC added that the recently launched crypto working group will continue to defend the creation of a rational regulatory framework for the cryptographic asset markets. He also expressed his confidence in the direction of the Commissioners Uyeda and “Crypto Mom” Hester Peirce, noting that the divisions of the Commission will endeavor to “quickly provide clarity needing breath”.
Appointed as part of the Trump administration’s promise to create a more favorable environment for the American cryptography scene, Atkins’ remarks strengthen its broader commitment to promoting innovation and providing a clearer regulatory certainty to industry.
