SEC Chair Shifts Regulatory Stance on Crypto, Promises New Global Financial Order

In a landmark speech at the OECD Global Financial Markets Roundtable, U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins boldly declared that the era of cryptocurrencies has arrived. This shift marks a paradigm change in the SEC’s approach to blockchain technology, moving away from its historically adversarial stance towards a clearer regulatory framework for the industry.