- Paul Atkins criticized Gensler's restriction policies.
- The Atkins promised clearly and supported crypto regulations.
- Hester Peirce was praised for the champion of crypto reforms.
The newly appointed SEC chair Paul Atkins has responded to the public. Atkins praised the pro-crypto job and criticized previous policies. He slapped the crypto strategy by former chair Gary Gensler. “The change has been kept by the uncertainty of the regulation,” he said.
Atkins spoke in the SEC's third crypto roundtable today. The event focuses on the caution of crypto and the security of ownership. He emphasized the urgent need for clear crypto regulations. “Participants are worthy of clear regulatory policies,” Atkins said strictly.
The Atkins praised the efforts of the leadership of Commissioner Hester Peirce. He recognized Peirce's “principled and tireless advocacy” for development. Peirce, known as the “Crypto Mom,” led recent crypto reforms. Under his leadership, the SEC lowered the main suits.
Many crypto assets have been exempted from security regulations. This is marked by a significant transition from Gensler's regime. Atkins promised ongoing support for the crypto change. He promised to contact market and congress participants.
“I look forward to the great benefits from changing the crypto market,” he said. The Atkins also noted the costs, risks, and transparency. He wants a Rational framework It supports crypto growth. Atkins chairman's signals are major policy changes for crypto.
He had previously served under the administration George W. Bush. After the months of the confirmation, the Atkins are officially leading. He repeated the support for the agenda of President Trump's positive agenda. Participants in the crypto industry accepted the support, clear directions of Atkins.
Atkins plan to remove unnecessary crypto regulation burdens. He aims to promote the efficiency, change, and protection of the investor. His leadership marks a fresh start for crypto regulation. The Crypto community Now watching the safe.
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