SEC is seeking to regain crypto ground following ‘missed opportunity,’ Chairman Atkins says
SEC Chairman Atkins stated the agency is trying to recover lost ground in crypto oversight after a 'big missed opportunity' under the previous administration.Summary
SEC Chairman Paul Atkins indicated that the agency is actively working to regain momentum in cryptocurrency oversight, characterizing the prior period under former Chair Gary Gensler as a "big missed opportunity" for the United States to adapt to innovation. Atkins criticized the previous SEC's enforcement-heavy stance, which treated many digital assets as securities. In contrast, the current Trump administration-era SEC has adopted a more industry-friendly posture, establishing a crypto task force, dropping enforcement cases, and launching "Project Crypto" to modernize rules. Atkins expressed enthusiasm for distributed ledger technology, particularly in payment clearing and settlement, citing the recent SEC approval granting WisdomTree exemptive relief for 24/7 trading and instant settlement of a tokenized money market fund.
(Source：The Block)