SEC Chairman Atkins: "A New Day is Coming... We Must Create a Reasonable Virtual Asset Regulatory Framework"
Summary
- SEC Chairman Paul Atkins announced that he will prioritize establishing a transparent and clear virtual asset regulatory framework, moving away from the enforcement-centric regulation approach.
- The chairman conveyed that he aims to achieve regulatory clarity that satisfies both investor protection and market innovation, and will support investors in identifying scam projects.
- The SEC plans to expand the role of the Virtual Asset Task Force (TF) and host DeFI-related public forums.
Paul Atkins, who was newly inaugurated this year as the chairman of the Securities and Exchange Commission (SEC), has declared a commitment to reforming the SEC’s structure.
According to Decrypt on the 3rd (local time), Chairman Atkins stated at the Senate Appropriations Committee hearing held that day, "We will move away from the current enforcement-centric approach and prioritize establishing transparent and clear regulations," adding, "We intend to gather input for policymaking rather than focusing on enforcement actions."
He especially emphasized investor protection. Chairman Atkins said, "The SEC aims to establish regulatory clarity that satisfies both investor protection and market innovation," adding, "We will help investors identify scam projects."
Finally, he added, "The SEC will expand the role of the Virtual Asset Task Force (TF), and will also hold public forums on DeFI."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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