SEC Chair Paul Atkins Vows to Revolutionize Finance: ’We’re Moving Markets Onchain’

The financial world braces for disruption as SEC Chair Paul Atkins throws gasoline on the crypto revolution. In a move that sent shockwaves through Wall Street, Atkins pledged to migrate traditional markets onto blockchain infrastructure—cutting out middlemen, slashing settlement times, and (theoretically) making financial data actually transparent for once.

Wall Street's Paperwork Nightmare Meets Its Match

Atkins' vision targets the antiquated plumbing behind stock trades that still takes days to clear. Onchain settlements could happen in minutes—if the legacy players don't sabotage the effort first. 'The tech exists,' Atkins stated, 'The question is whether the old guard will cling to their spreadsheets like emotional support animals.'

The Fine Print Nobody's Reading

While crypto natives cheered, skeptics noted the SEC's track record of slow-walking innovation. The same agency that took a decade to approve a Bitcoin ETF now wants to rebuild markets on decentralized rails? Either this is the start of a new era—or the most elaborate rug pull in regulatory history.