SEC boss Atkins announces groundbreaking crypto rules by the end of the year!

SEC boss Atkins announces groundbreaking crypto rules by the end of the year!

Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), has clear plans for the further positive development of cryptocurrencies under the current government. In an interview with Fox Business, he explained that the Sec hand in hand with other regulatory authorities, in particular the Commodity Futures Trading Commission (CFTC), will work together to promote the growth of digital assets. This could mean a decisive change for the cryptocurrency industry in the United States.

An important step in this direction was the adoption of the Genius Act about a month ago, which for the first time recognizes digital assets such as stable coins in a legal form. This development shows a growing understanding and acceptance of digital assets within the government. Atkins emphasized the need to concentrate on the market structure in order to create both security and a clear direction for cooperation between the Sec and CFTC.

Regulatory cooperation and market security

Atkins was optimistic about the possibility of managing future challenges through common regulations that could arise from uncooperative regulatory authorities. An example of this innovation boost under his leadership is the recent approval of the Grayscale Digital Large Cap Fund by the Sec. This decision is considered as a sign that the new leadership is willing to support innovative approaches.

So that the markets can continue to grow, the SEC plans to develop new regulations in the coming months. Atkins is aiming to introduce an innovation exception by the end of the year that would enable companies to launch new products faster. He is convinced that the introduction of generic list standards will create more security for the markets and that investor binding could strengthen digital assets.

Through these reforms, the SEC shows a strong commitment to progress in the field of cryptocurrencies. Atkins ’optimistic perspective could not only improve the current market situation, but also set long -term impulses for innovations in the industry. By intensifying the dialog with the various regulatory authorities and the industry, the SEC creates a more stable and innovation -friendly environment.