New SEC Chair Paul Atkins Says Clarity on Digital Assets a ‘Top Priority’ for Agency Going Forward

The new president of Securities and Exchange American Commission (SEC) claims that the creation of clear regulatory directives for cryptographic assets is an absolute priority for the agency.

During speech During his oath ceremony, the president of the SEC, Paul Atkins, who previously was one of the commissioners of the regulatory organization between 2002 and 2008, said that under his bar, the SEC plans to create “rational and coherent” rules for digital assets.

“It is time for the dry to put an end to its management and to return to its main mission that the Congress has set it: the protection of investors, the fair and effective markets and the capital formation.

I will work to protect investors from fraud, keep the policy away from how our securities laws and regulations are applied and advance clear road rules that encourage investment in our economy for the benefit of Americans.

An absolute priority of my presidency will be to provide a firm regulatory basis for digital assets thanks to a rational approach, consistent and based on principles. We will work to make sure that the United States is the best and surest place in the world to invest and do business. »»

Under the Biden Administration and the control of the previous president Gary Gensler, the SEC consumed several high -level prosecutions against eminent crypto companies, including the best exchanges of Crypto, Coinbase, Kraken and Binance, the Crypto Portfolio Developer (NFT) Opesesea.

Atkins was appointed by President Donald Trump to be the president of the dry in December. Since Trump took up his duties in January, the SEC abandoned many of the proceedings that were targeting digital asset companies.

https://www.youtube.com/watch?v=y9iw0ivclyo

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