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SEC Chair Paul S. Atkins Pledges Clear Crypto Rulebook to Replace Enforcement-First Approach

  • SEC Chair Paul S. Atkins pledges to create a clear crypto rulebook to replace a current enforcement-first approach.
  • Atkins acknowledges that regulatory uncertainty in the crypto sector has led to fraud and confusion, harming investors and legitimate innovators.
  • Atkins plans to shift the SEC's focus from reactive enforcement to proactive rulemaking, including defining tokens under securities laws, creating rules for exchanges, and promoting compliance through guidance.
  • Atkins aims to balance support for innovation in the digital asset space while cracking down on bad actors to ensure responsible growth.

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