SEC Chair Paul Atkins Promises Clear Cryptocurrency Regulations

According to Foresight News, the new U.S. Securities and Exchange Commission (SEC) Chair, Paul Atkins, has pledged to introduce clear regulations for cryptocurrency during a recent roundtable discussion. He criticized previous efforts and committed to developing a 'fit-for-purpose' framework for digital assets. Atkins expressed optimism that this market innovation could lead to significant benefits in efficiency, cost reduction, transparency, and risk mitigation. He noted that innovation has been stifled in recent years due to market and regulatory uncertainties.