SEC Chair Paul Atkins Slams Regulation-By-Enforcement, Praises Crypto Task Force At Senate Hearing

United States Securities and Exchange Commission (SEC) head Paul Atkins slammed the agency's past regulation-by-enforcement approach to the digital asset industry, claiming that it "inhibited innovation" and invited "fraud" in a June 3 Senate testimony.

Atkins Doubles Down On Crypto Approach

Speaking before the United States Senate Appropriations Subcommittee on Financial Services and General Government, Atkins doubled down on the SEC's new regulatory strategy toward the blockchain sector.

BREAKING

SEC Chairman Paul Atkins says his top priority is a clear, rational crypto regulatory framework —…..

especially around custody & $XRP

Clarity is coming. pic.twitter.com/30eyZLdwEg

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