Summary
- The U.S. Securities and Exchange Commission (SEC) said that enforcement actions have decreased by about 30% since Chair Paul Atkins took office.
- It said the SEC's reduction in enforcement has been prominent across all financial sectors, including virtual assets.
- It said industry attention is focused on whether the SEC's reduced enforcement activity will lead to easing of market regulatory burdens.
The U.S. Securities and Exchange Commission (SEC) has seen a significant reduction in the scale of enforcement actions since Paul Atkins took office. Market attention is increasing regarding changes in the regulatory environment for virtual assets (cryptocurrencies).
On the 20th (local time), according to Cointelegraph, a virtual-asset specialized media, SEC enforcement actions have decreased by about 30% since Paul Atkins became chair. This contrasts with the enforcement trend that had been rising in recent years.
The report states that the SEC's reduction in enforcement has appeared across all financial areas, including virtual assets, and that Atkins repeatedly stating from the start of his tenure that "the majority of virtual assets are not securities" is interpreted to have had an influence.
Industry attention is focused on whether the SEC's reduced enforcement activity will ease regulatory burdens across the market or presage further changes in the drafting of new rules.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
