SEC’s New Chairman Supports DeFi and Self-Custody, Pledges Regulatory Clarity in Crypto

In a significant shift, SEC Chair Paul S. Atkins has signaled support for decentralized finance (DeFi), crypto innovation, and individual control over digital assets. At the Crypto Task Force Roundtable in Washington D.C., he outlined his vision for how the SEC should engage with emerging blockchain technologies rather than try to stifle them. He highlighted the American spirit of economic freedom and private property rights embodied by DeFi, arguing that blockchain technology has the potential to revolutionize asset ownership and transfer online.