SEC Chair Paul Atkins Advocates for DeFi Alignment with American Values
Paul Atkins, the newly appointed Chair of the U.S. Securities and Exchange Commission (SEC), articulated a forward-looking stance on decentralized finance (DeFi) during a keynote address at the "DeFi and the American Spirit" roundtable. His remarks positioned blockchain technology as a catalyst for economic liberty, innovation, and property rights—cornerstones of American ideology.
Atkins underscored the transformative potential of peer-to-peer crypto transactions, framing them as a challenge to traditional financial intermediaries. He explicitly criticized the regulatory hostility of the Gensler-era SEC, applauding recent guidance that exempts participation in proof-of-work and proof-of-stake networks from securities laws by default.