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REGULATION
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1 day ago

Paul Atkins, the new head of the SEC, says the agency will take a clear and reasonable approach to crypto regulation

2025-04-23

REGULATION
by
1 day ago



At his swearing-in on Tuesday, Atkins said his top goal is to create a strong and understandable set of rules for digital assets. He promised a "rational, coherent, and principled" strategy. A clear shift from how former Chair Gary Gensler handled crypto regulation.


Atkins said it's a “new day” for the SEC and stressed that the agency needs to refocus on its main mission: protecting investors, keeping markets fair and efficient, and helping businesses raise money.


This isn’t the first time Atkins has pushed for better crypto rules. He said the same during a Senate hearing last month.


Atkins is known as a crypto-friendly figure. He was an SEC commissioner from 2002 to 2008 and later started a financial consulting firm. He also advised former President Trump during his first term.


With Atkins now leading the SEC, the agency is expected to take a more supportive stance on crypto. That’s already starting to show — since the leadership change, the SEC created a Crypto Task Force to hold discussions and help clarify rules for the crypto industry.

 

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