Paul Atkins, president of the Commission for qualifications and exchanges, said “a new day” for the century, while he has undertaken to remodel the Agency’s approach to cryptocurrency activities through a transparent participatory regulation with particular attention to the protection of investors.
Atkins insisted that he had seen the ambiguous or non -existent regulations in the space of digital activities firsthand create uncertainty and inhibit innovation.
While providing a testimony in front of the subcommittee for the allocations of the Senate of the United States on financial services and the General Government on June 3, 2025, Atkins said: “As we implement the regulations at the century, it is crucial; it is one thing to write a regulation, another to achieve its expected goal”.
TODAY:
President of the SEC Paul Atkins announces a change in the cryptographic political approach
Atkins emphasize public regulation with notice, moving away from the regulation guided by the application
Aims to provide clarity for cryptographic companies after years of uncertainty pursuant to the previous century … pic.twitter.com/lfx9diavej
– Satoshi Oracle ₿ (@satoshi_oracle_) June 4, 2025
“A key priority of my presidency will be to develop a rational regulatory framework for the crypto resources markets that establish clear rules of the road for the issue, custody and trading of encryption activities by continuing to discourage the bad actors from violating the law,” said Atkins.
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Cleaning departure from heavy tactics of the application
In addition, Atkins insisted that, under his guide, the century will give priority to “Notice and comment”, a process that invites public feedback before finalizing new regulations, rather than govern the cryptocurrency sector through legal causes and legal settlements.
The pin of the century far from the “Regulation for application” comes after years of criticism from the cryptocurrency industry.
By giving credit to the new Crypto Task Force, Commissioner Mark Uyeda and Commissioner Hester Peirce, Atkins said that “for too long, the commission has been hindered by political silos. The cryptographic task force exemplifies the way in which our political divisions can meet to quickly provide clarification and certainty for the American public.”
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So far, Crypto Task Force has kept four round tables
The Crypto Task Force, in charge of developing a practical regulatory framework for digital resources, has already kept more round tables on critical topics such as what constitutes a security, such as regulating cryptocurrency trading, custody and tokenization. The next attention is on decentralized finance (Defi), with further public feedback expected in the coming months.
“Entrepreneurs throughout the United States and all over the world are taking advantage of Blockchain technology to modernize the aspects of our financial system,” said Atkins. “I foresee the advantages of this market innovation for efficiency, reduction of costs, transparency and mitigation of risk”.
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Keyway keyway
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Giving priority to the regulation on application, promotion of innovation and focusing on the protection of investors, the agency is positioning itself as a constructive partner for the cryptocurrency industry.
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The pin of the century far from the “Regulation for application” comes after years of criticism from the cryptocurrency industry.
The post “is a new day at the century”, says Paul Atkins, insists on the rational regulatory framework for the crypto resources markets.