SEC Chairman to Testify on Budget, Crypto Oversight in High-Profile Hearing

SEC Chairman Paul S. Atkins will address the agency’s budget allocation and focus on digital asset oversight during a crucial hearing. He is expected to discuss the newly formed Crypto Task Force led by Hester Peirce, emphasizing transparency and tailored regulation. This testimony reflects the SEC’s commitment to managing the burgeoning crypto space while ensuring investor protection. A focus on cost-benefit analysis will shape the regulatory framework for this industry.