“SEC Head Paul Atkins stated that the agency will control the cryptocurrency participants “through notification and discussion, not through forced measures”. He made the relevant statement while hearing in the US Senate. According to the official, SEC will cease the practice of forming rules through lawsuits. “The commission will use the available powers to set standards,” Atkins stressed. At the same time he stressed the importance […]”, – WRITE: Businessua.com.ua
Head Sec Paul Atkins stated that the agency would control the cryptocurrency participants “through notification and discussion, not through forced measures”. Appropriate He made a statement while hearing in the US Senate.
According to the official, SEC will cease the practice of forming rules through lawsuits.
“The commission will use the available powers to set standards,” Atkins stressed.
At the same time, he emphasized the importance of compliance with the rules in the field of fraud and manipulation.
SEC prepares “clear rules” for the release, storage and trade of cryptocurrency and will strengthen measures against abuse by unscrupulous market participants, he added.
Atkins refrained from a direct answer to the questions about the support of bitcoin papers with licensing of token securities, stating that the agency was working on rules that “allow innovations”.
The anses voiced correspond to his position after taking the oath as the SEC chairman. He then outlined the main priority of creating a clear regulatory base for digital assets and increasing the transparency of the markets. In addition, Atkins promised to strengthen the protection of investors.
Atkins’s appointment reflects a change in SEC. His approach is significantly different from Gary Gensler’s policy, who often relied on repressive law enforcement.
Farewell, Gary Gensler! Who was and by whom almost former Sec head became
In January, then Acting SEC head Mark Weda appointed Hester Pierce by the head of the target cryptogroup. Under her leadership, the department organized a number of round tables with industry representatives.
Since the beginning of 2025, the commission has closed the investigation into Robinhood, Ripple, Kraken, Consensys, Cumberland, Nova Labs, Uniswap and Paypal.
We will remind, SEC acknowledged that Minging by Proof-of-Work algorithm is not an investment contract and explained the rules for stinging.
The number of references of cryptocurrency in documents for SEC reached a record level
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