SEC Chair Signals Crypto Regulatory Push Amid Congressional Wait
SEC Chair Paul Atkins revealed the agency is actively preparing to modernize its approach to digital asset regulation, aligning with broader governmental efforts to position the U.S. as a leader in crypto innovation. The initiative, dubbed Project Crypto, seeks to overhaul outdated frameworks—some nearly a century old—to accommodate blockchain advancements.
Atkins emphasized the SEC’s coordination across divisions to implement recommendations from President Trump’s Crypto Working Group, though final rulemaking hinges on legislative progress. Recent milestones like the GENIUS Act, focused on stablecoins, underscore Congress’s incremental but pivotal role in shaping the regulatory landscape.