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SEC Chair: Crypto Rules Crucial to US Market Growth

  • SEC Chair Paul Atkins spoke at a crypto task force roundtable on May 12, 2025, emphasizing the need for clear regulation in the U.S. Crypto market.
  • Atkins called for updating outdated regulatory frameworks and ending enforcement-led policymaking to align rules with blockchain technology innovation.
  • He outlined plans to revise custody rules to allow self-custody options and support platforms handling both securities and non-securities trading.
  • Atkins emphasized that the SEC must adapt swiftly to technological advancements by updating regulations, aiming to establish the United States as the leading global hub for cryptocurrency.
  • This shift suggests the SEC aims to foster market growth by creating clearer rules that encourage innovation while protecting investors effectively.
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DiarioBitcoin broke the news in on Monday, May 12, 2025.
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