SEC Chair Paul Atkins Hails GENIUS Act as Pivotal for Crypto Regulation

U.S. Securities and Exchange Commission Chair Paul Atkins lauded the GENIUS Act as a "seminal" milestone for cryptocurrency regulation during his keynote at the SALT Wyoming Blockchain Symposium 2025. The legislation, passed last month, represents Congress's most significant step toward regulatory clarity for digital assets.

"You've paid enough in legal fees trying to navigate this crazy quilt of opinions," Atkins remarked, acknowledging the industry's prolonged struggle with regulatory uncertainty. While noting the SEC's ongoing "spring cleaning," he emphasized the agency's commitment to implementing coherent policies.

The endorsement follows U.S. Treasury Secretary's characterization of the act as "essential" earlier this week, signaling rare interagency alignment on crypto policy. Market observers anticipate the legislation will accelerate institutional adoption by resolving longstanding jurisdictional ambiguities.