SEC Unveils New Crypto Regulations: Clarity & Enforcement Focus for Digital Assets

The SEC under Chair Paul Atkins is overhauling its approach to cryptocurrency regulation, aiming for clearer rules around asset issuance, custody, and trading. Speaking at a crypto task force roundtable, Atkins criticized past enforcement tactics as confusing and ineffective. He calls for a regulatory framework that aligns with blockchain technology and discourages illegal activity while fostering responsible innovation.