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SEC Chair Atkins says crypto innovation 'has been stifled' as regulators push for change

  • SEC Chair Paul Atkins, sworn in April 22, addressed a crypto roundtable in Washington this week.
  • This follows the SEC recently dropping its four-year lawsuit against Ripple after years of aggressive enforcement.
  • Atkins criticized outdated rules, suggesting reassessment and a new comprehensive framework for crypto assets.
  • Atkins stated, "Innovation...has been stifled for the last several years."
  • He seeks to establish clear rules and foster responsible innovation with market participants.
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CNBC broke the news in United States on Friday, April 25, 2025.
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