SEC Chair Addresses Blockchain Regulation Challenges

New SEC chair Paul Atkins is taking a proactive approach to blockchain regulation. During the third cryptocurrency roundtable meeting, he highlighted the urgent need to tackle regulatory uncertainties surrounding digital assets and distributed ledger technology. Emphasizing collaboration with colleagues and external input, Atkins stressed his commitment to addressing these challenges. He acknowledged the growing role of blockchain in modernizing financial systems, particularly among U.S.-based entrepreneurs who are leveraging its potential for efficiency, cost reduction, transparency, and risk management.