SEC Chair Paul Atkins Reveals Full-Scale Push to Cement U.S. as Dominant Global Crypto Hub
The SEC isn't just dipping toes—it's diving headfirst into crypto waters. Chair Paul Atkins just dropped the bombshell: every branch of the agency is now laser-focused on turning the U.S. into the undisputed capital of digital assets.
No more regulatory whack-a-mole. This is a coordinated assault to outpace Singapore, Switzerland, and whoever else thinks they've got a shot at the title. The playbook? Streamlined frameworks, aggressive talent recruitment, and—let's be real—enough bureaucratic firepower to make DeFi founders sweat.
Wall Street's old guard might grumble, but let's face it—they're already repositioning their private jets toward Miami and Zug. Because nothing screams 'financial innovation' like legacy banks scrambling to rebrand their hedge funds as 'Web3 ventures.'
SEC ‘Mobilizing’ to Make America Crypto Capital, Paul Atkins Says
During his appearance on the media outlet on Friday, Atkins doubled down on his commitment to following through with U.S. President Donald Trump’s plan to make the U.S. a worldwide digital asset epicenter.
SEC Chairman Paul Atkins announces “we are mobilizing at the SEC all our divisions and offices to make President Trump's vision for making America the crypto capital of the world a reality.”
Ondo is looking forward to contributing to the President's vision with our tokenized… pic.twitter.com/I98btI8qj4
“A couple weeks ago, the administration issued the President’s Working Group report on digital assets in the United States and there are clear directions from the SEC…for us to go forward and make what the president has announced as his intention to make America the crypto capital of the world,” Atkins said.
“We’re mobilizing at the SEC all the different divisions and offices to focus on making that announcement become reality,” he added.
SEC Shifts Away From Regulation-By-Enforcement Approach
News of Atkins’ latest interviews comes just days after he reaffirmed his dedication to shifting the SEC away from its prior regulation-by-enforcement approach to the blockchain sector.
In an August 11 X post, SEC Commissioner Hester Peirce praised the agency dropping its case against crypto platform Ripple.
“A welcome development for many reasons, including that minds once occupied with litigation now can concentrate on creating a clear regulatory framework for crypto,” Peirce wrote.
“Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table,” Atkins said. “Our focus should be on building a clear regulatory framework that fosters innovation while protecting investors.”
In short, Atkins’ message is clear: the SEC is shifting gears from fighting crypto in courtrooms to crafting rules that could cement America’s place as the world’s digital asset powerhouse.