On April 25, 2025, the United States Stock Exchange and Securities Commission (SEC) organized its first Round Table of Crypto Working Group. Heading the Washington DC event, the newly appointed president of the SEC, Paul Atkins, said: “The market itself seems to indicate that the current framework needs attention.”
“This is an important job since entrepreneurs throughout the United States are taking advantage of blockchain technology for a modern system system,” ATKINS said. “I expect enormous benefits of this market innovation for efficiency, cost reduction, transparency and risk mitigation.”
He also insisted, “market participants who get involved with this technology deserve clear regulatory rules of the road. Innovation has suffocated in recent years due to regulatory and regulatory uncertainty that unfortunately the SEC has encouraged.”
The discussions at the round table also marked a symbolic deviation of the position of his predecessor, Gary Gensler.
Today, in the SEC Crypto roundable, we listen to Paul Atkins, in his first public speech as the newly jury in 34th position of the SEC.
“Innovation, unfortunately, has suffocated in recent years due to market uncertainty and regulatory that unfortunately sec … pic.twitter.com/iyq6l6kynx
– Jason Meyers (@jasonmeyersnyc) April 26, 2025
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“Our regulatory approach should recognize the differences between cryptographic assets,” said “Crypto Mom”
Atkins also praised the SEC Hester M. Peirce commissioner for “its defense of principles and tireless for the common sense cryptography policy within the United States.” He said: “It is not surprising that she has won the title of” Cryptomom “.”
Meanwhile, according to Peirce, the SEC must recognize and welcome the fact that Blockchain technology enables investors by allowing them Autoconfidody, trade and commit to their assets the use of any intermediate. “Our regulatory framework should not be brought on the path of these innovations forcing intermediation,” he said.
The round table, attended by leaders, regulators and legal experts of the industry, focused on the critical issue of digital asset custody, a long -standing pain point for cryptographic companies that seek to comply with federal values of values.
Speaking of the custody of digital assets, Caroline to Croww said: “Some believe that the differences in traditional assets justify the eximitions or the disparate treatment for the custody of the crypts under the rules. But if we are a cursor asset regime, it has not done the wholesale for another good asset store, we must take into account some guide principles.”
“The existing SEC custody rules are an investor protection gold standard,” he continued.
However, she questioned: “If the SEC created a dual regime, how do we ensure that the cryptographic regime is as robust as the current regime? In addition, how could the commission address the risk for investors and the Broady system that can?”
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Industry Voices: Michael Saylor says that Paul Atkins will be good for Bitcoin
Atkins swore on Monday, April 21, 2025, as the 34th President of the SEC of the United States, marking a significant change towards a more friendly regulatory position with cryptography.
The president of the strategy, Michael Saylor Tok to X, to say: “The president of the SEC, Paul Atkins, will be good for Bitcoin.”
When commenting on the appointment of Atkins, Trump said: “He is the perfect man to direct this agency at a time when cryptographic innovatives urgently need regulatory certainty and clear rules of the road.
Meanwhile, Atkins said Bitcoin and Crypto will be their highest priority.
“As I return to the SEC, I am pleased to join my co -commissioners already the dedicated professionals of the agency to advance their mission of facilitating capital training; maintaining fair, orderly and efficient markets; and protecting investors,” ATKINS said. “Together we will work to make sure that the United States is the best and safer place in the world to invest and do business.”
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The round table of the cryptographic task, which was attended by leaders, regulators and legal experts of the industry, focused on the critical issue of digital asset custody, a long -standing pain point for cryptographic companies that seek to comply with federal laws of values.
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The main theme of the round table, the custody of cryptody, highlighted the complex interaction between the protection of investors and innovation.
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