Paul Atkins, president of the SEC, promises more friendly approach to digital assets

The new president of the Sec, Paul Atkins, highlighted in his first public speech the benefits of digital assets and announced the creation of a regulatory framework adapted to the sector.

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• Paul Atkins announced that he will work with Congress to establish a clear regulation for cryptoactive.
• He criticized the regulatory uncertainty promoted during the previous administration.
• The SEC has already begun to reverse restrictive policies against the crypto industry.

Paul Atkins, recently appointed president of the US stock and securities commission (sec)He has made it clear that his administration will have a much more friendly position towards digital assets.

During his participation in the round table The block, Atkins stressed that he anticipates “Huge benefits” Derived from cryptoactive technologies, so it is necessary to clarify the rules for this sector.

Atkins, who officially swore his position this week after being nominated by President Trump and confirmed by the Senate, He emphasized his commitment to work together with legislators and the Executive To design a regulatory framework “Rational and adequate” For the cryptocurrency sector.

A change of course in the Sec

Atkins’ arrival marks a significant turn in the policy of the Sec Regarding digital assets, moving away from the restrictive position maintained during the Joe Biden government.

During his speech, Atkins openly criticized the lack of clarity that had prevailed in recent years, indicating that “Innovation unfortunately has been suffocated due to the uncertainty of the market and the regulation that Seco fostered”. These words reflect the change in tone that now prevails in the agency.

Unlike his predecessor, Gary Gensler, who classified most cryptocurrencies as values ​​and promoted legal actions against important platforms in the sector, Atkins is willing to recognize the potential of these assets to reduce risks and costs in the financial system.

Leadership change has already brought some visible actions. Under the interim direction of Mark Uyeda, and now from Atkins, the Sec He has terminated the controversial accounting guides related to cryptocurrency, has withdrawn processes of application of the law against key ecosystem companies and has established a crypto task force, responsible for organizing discussion forums such as this week.

These movements have been positively received by market participants, who have long waiting for a framework that provides legal certainty and foster responsible innovation.

The most recent round table, focused on cryptoactive trade, is the third of a total of five matches scheduled at the headquarters of the Sec In Washington. Each of these events seeks to collect opinions from relevant actors in the sector to feed the creation of the new regulatory framework.

Atkins Trajectory and his vision for the future

Before his new position, Atkins founded the consulting firm Pathomak Global Partners in 2009offering services to banks, cryptocurrency exchanges and platforms DEFI. In addition, it served as commissioner of the Sec Between 2002 and 2008, after being appointed by then President George W. Bush.

His experience in the private and public sectors positions it as a key actor to lead this regulatory transformation. According to Atkins, the ultimate goal is for the United States to remain a leader in financial innovation, ensuring that consumers and markets are properly protected without quelling the growth of new technologies.

The crypto community remains expectant from the next steps of the Sec Under this new leadership, although Atkins’ initial message has been clear: a collaborative, constructive and development -oriented approach will be the new standard.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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