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SEC Chair Paul Atkins Advocates for Rational Crypto Regulation in Senate Testimony
SEC Chair Paul Atkins Advocates for Rational Crypto Regulation in Senate Testimony
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SEC Chair Paul Atkins signaled a regulatory pivot during his Senate testimony, emphasizing the need for "clear rules of the road" in cryptocurrency markets. The veteran regulator vowed to prioritize transparent rulemaking over enforcement actions, marking a departure from predecessor Gary Gensler’s contentious approach.
Atkins framed regulatory clarity as essential for both investor protection and innovation. His testimony comes as lawmakers consider the CLARITY Act, which could redistribute oversight authority away from the SEC. The hearing underscores growing institutional recognition of crypto’s permanence in financial markets.
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