SEC Chair Endorses New Crypto Regulatory Framework to Strengthen U.S. Leadership

SEC Chairman Paul S. Atkins has publicly supported the policy blueprint released by the President’s Working Group (PWG), calling it pivotal for advancing the U.S. as the global leader in digital assets. The framework, developed through inter-agency collaboration, aims to provide clear federal regulations for cryptocurrency markets.

Atkins emphasized that rational regulation is essential to drive innovation, safeguard investors, and maintain the dominance of U.S. markets. He contrasted the current administration’s proactive stance with previous leadership, praising President Trump for championing crypto innovation. "Thank goodness President Trump does and is leading on it," Atkins remarked, signaling the SEC’s intent to leverage its authority for new rules while collaborating with Congress on legislation.

The chairman also stressed the importance of coordination with the CFTC and other agencies to ensure a unified regulatory approach. He lauded the PWG report’s focus on inter-agency cooperation and reaffirmed support for the SEC’s Crypto Task Force and Commissioner Hester Peirce in executing the outlined vision.