SEC Chair Paul Atkins said the agency has “moved purposely” to support President Donald Trump’s goal to make the U.S. the “Crypto Capital of the World.”
‘Long-Called-For Uncertainty’ For Stakeholders
At a Tuesday speech at the Economic Club of New York, Atkins said that through Project Crypto—a joint regulatory initiative led by the SEC and the CFTC to modernize digital asset regulation—the agency has taken “historic steps” to modernize regulations for on-chain markets.
Atkins said that the regulator has delivered “long-called-for certainty” to issuers, adding that investors and entrepreneurs can now know in advance whether a digital asset is a security and therefore subject to SEC oversight.
“To be clear: this is not a favor to industry—it is what markets require to function: clear rules of the road, applied without preference,” the SEC Chair added.
