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Newly appointed SEC Chairman Paul Atkins stated the agency had previously hindered cryptocurrency innovation by creating “regulatory uncertainty.” He emphasized the need for clear regulations for market participants involved in digital assets. Atkins’ comments were made during the SEC’s crypto roundtable, initiated by Republican leadership to assess the application of securities laws to the crypto sector. The event signaled a potential shift towards providing more defined guidelines for the burgeoning industry, addressing concerns that past ambiguity had stifled growth and development. Atkins’ remarks suggest a proactive approach to clarifying the legal framework surrounding digital assets.
