Newly appointed SEC Chairman Paul Atkins stated the agency had previously hindered cryptocurrency innovation by creating “regulatory uncertainty.” He emphasized the need for clear regulations for market participants involved in digital assets. Atkins’ comments were made during the SEC’s crypto roundtable, initiated by Republican leadership to assess the application of securities laws to the crypto sector. The event signaled a potential shift towards providing more defined guidelines for the burgeoning industry, addressing concerns that past ambiguity had stifled growth and development. Atkins’ remarks suggest a proactive approach to clarifying the legal framework surrounding digital assets.
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
New US SEC Chair Says Crypto Sector Deserves Clear Regulations
Newly appointed SEC Chairman Paul Atkins stated the agency had previously hindered cryptocurrency innovation by creating “regulatory uncertainty.” He emphasized the need for clear regulations for market participants involved in digital assets. Atkins’ comments were made during the SEC’s crypto roundtable, initiated by Republican leadership to assess the application of securities laws to the crypto sector. The event signaled a potential shift towards providing more defined guidelines for the burgeoning industry, addressing concerns that past ambiguity had stifled growth and development. Atkins’ remarks suggest a proactive approach to clarifying the legal framework surrounding digital assets.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
