Close Menu
Global News HQ
    What's Hot

    I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials

    June 8, 2025

    Essential Guide to Crafting a Successful Daycare Business Plan

    June 8, 2025

    Mini Motorways is getting a creative mode

    June 8, 2025
    Recent Posts
    • I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials
    • Essential Guide to Crafting a Successful Daycare Business Plan
    • Mini Motorways is getting a creative mode
    • Is Hims & Hers Health a Smart Buy Right Now? | The Motley Fool
    • Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement – Decrypt
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials
    • Essential Guide to Crafting a Successful Daycare Business Plan
    • Mini Motorways is getting a creative mode
    • Is Hims & Hers Health a Smart Buy Right Now? | The Motley Fool
    • Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement – Decrypt
    • DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
    • Teddi Mellencamp & Edwin Arroyave Reunite for Their Daughter’s Latest Milestone | Bravo
    • The Secret to Staying Strong as You Age May be This Type of Workout
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Cryptocurrency & Blockchain - SEC’s Atkins calls for overhaul of ‘badly needing attention’ crypto rules
    Cryptocurrency & Blockchain

    SEC’s Atkins calls for overhaul of ‘badly needing attention’ crypto rules

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    SEC’s Atkins calls for overhaul of ‘badly needing attention’ crypto rules
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • SEC Chairman Paul Atkins calls for a comprehensive review of crypto regulations.
    • Atkins aims to establish a rational framework for crypto assets within the US.

    Share this article







    SEC Chairman Paul Atkins has called for a sweeping reevaluation of the agency’s regulatory framework governing crypto assets, criticizing the current rules as outdated and burdensome.

    🇺🇸 JUST IN: Pro-Bitcoin SEC Chair Paul Atkins, speaking at today’s SEC Crypto Task Force roundtable, stated that “the current framework is in serious need of reform” when it comes to Bitcoin and crypto regulation. pic.twitter.com/v8zC0kR3yZ

    — Crypto Briefing (@Crypto_Briefing) April 25, 2025

    Speaking at the SEC’s third crypto task force roundtable on Friday, Atkins said the existing approach to digital asset oversight “badly needs attention.”

    “Innovation, unfortunately, has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered,” said Atkins in his opening remarks at the roundtable.

    The SEC chief pledged to collaborate with industry players, fellow commissioners, Congress, and the Trump administration to build “a rational fit for purpose framework” for digital assets.

    Known as an advocate for innovation, Atkin believes crypto and blockchain technologies could bring real system-wide improvements. He stressed that entrepreneurs leveraging blockchain technology to modernize the financial system “deserve clear regulatory rules.”

    In the Friday roundtable, participants focused on the challenges registrants face when custodians of crypto assets are required to comply with federal securities laws. Atkins questioned whether changes are needed to custody rules under the Exchange Act, the Advisors Act, or the Investment Company Act to accommodate crypto assets and blockchain technology.

    Atkins, who is serving his third stint at the securities agency, also expressed gratitude to Commissioners Mark Ueda and Hester Peirce.

    He praised Commissioner Peirce, known as “crypto mom,” for her “principled and tireless advocacy for common-sense crypto policy,” noting she is “certainly the right person to lead the effort to come up with a rational regulatory framework for crypto assets in their markets.”

    Atkins officially assumed his position as Chairman of the SEC earlier this week after being nominated by President Donald Trump and confirmed by the Senate.

    At his official swearing-in ceremony on Tuesday, the new SEC Chair said he would prioritize establishing a transparent regulatory framework for digital assets. Atkins also reaffirmed his commitment to capital formation, market efficiency, and investor protection.

    A former Wall Street figure and entrepreneur, Atkins is recognized for his deregulatory philosophy and pro-crypto stance, contrasting with his predecessor Gary Gensler’s more stringent regulatory approach.

    The SEC’s crypto task force under Commissioner Peirce has hosted numerous roundtables to forge a regulatory path distinct from the previous administration’s enforcement-heavy approach.

    Atkins, now running the agency, is expected to continue pushing for a more innovation-friendly regulatory environment, with a particular focus on modernizing rules for digital assets and blockchain technologies.

    Share this article











    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleCoty reduces workforce by 700 amid operational restructure
    Next Article Bipolar Disorder: 8 Tips to Keep Spring Mania at Bay

    Related Posts

    Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement – Decrypt

    June 8, 2025

    DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

    June 8, 2025

    XRP Price Risks Plummeting Below $2 As Sellers Take Control

    June 8, 2025

    Spot Ether ETFs 15-day inflow streak accumulates $837.5M inflows

    June 7, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Travel & Tourism (Luxury)
    9 Mins Read

    I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials

    As an adult, I’ve always found traveling with a parent feels a little backwards. Suddenly,…

    Essential Guide to Crafting a Successful Daycare Business Plan

    June 8, 2025

    Mini Motorways is getting a creative mode

    June 8, 2025

    Is Hims & Hers Health a Smart Buy Right Now? | The Motley Fool

    June 8, 2025
    Top
    Travel & Tourism (Luxury)
    9 Mins Read

    I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials

    As an adult, I’ve always found traveling with a parent feels a little backwards. Suddenly,…

    Essential Guide to Crafting a Successful Daycare Business Plan

    June 8, 2025

    Mini Motorways is getting a creative mode

    June 8, 2025
    Our Picks
    Travel & Tourism (Luxury)
    9 Mins Read

    I Travel All Over Europe With My 70-year-old Mom, and We Won’t Go Anywhere Without These 12 Essentials

    As an adult, I’ve always found traveling with a parent feels a little backwards. Suddenly,…

    Business & Entrepreneurship
    10 Mins Read

    Essential Guide to Crafting a Successful Daycare Business Plan

    Key TakeawaysA solid daycare business plan is essential for outlining goals, guiding operations, and securing…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version