Atkins Advocates for a Collaborative Regulatory Framework to Encourage Crypto Innovation
The post Atkins Advocates for a Collaborative Regulatory Framework to Encourage Crypto Innovation appeared on BitcoinEthereumNews.com.
Could Paul Atkins finally build a regulatory system that fosters crypto innovation instead of punishing it? Atkins urges the SEC to replace outdated crypto rules with a practical, innovation-friendly framework. Atkins criticizes past enforcement tactics and calls for collaborative, adaptive digital asset regulation. New SEC Chairman Paul Atkins advocates for a forward-looking regulatory framework to promote innovation in the crypto industry. Atkins’ Vision for the Crypto Industry Speaking at the third crypto task force roundtable in Washington, D.C., Atkins criticized the current enforcement-first strategy, arguing that it has long hindered innovation within the digital asset space. Instead, he called for a forward-looking, practical regulatory framework that can encourage technological progress and ensure investor protection, signaling a potential shift toward a more balanced and innovation-friendly policy stance. Remarking on the same, in his opening remarks, Atkins noted, “Innovation, unfortunately, has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.” This highlights that just days into his new role, Atkins wasted no time signaling a shift in tone. During his debut appearance at the agency’s crypto roundtable, Atkins underscored his intent to address persistent uncertainties surrounding digital asset regulation and distributed ledger technologies. He emphasized the importance of collaboration with fellow commissioners, staff, and industry voices to craft a more adaptable and transparent framework. In fact, his vision of a “rational fit-for-purpose” regulatory model marks a clear pivot from the SEC’s historically rigid stance, offering hope for more pragmatic oversight in the evolving crypto landscape. Atkins Praises Hester Peirce — Here’s Why Chairman Atkins also took a moment to commend Commissioner Hester Peirce, affectionately dubbed “crypto mom” by the community, for her unwavering commitment to advancing sensible crypto regulation. Acknowledging her persistent efforts, he remarked that Peirce is well-positioned to spearhead the…
Filed under: News - @ April 26, 2025 2:19 pm