SEC Chair Paul Atkins Addresses Blockchain Regulation Challenges

According to Odaily, the newly appointed Chair of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, expressed his eagerness to tackle longstanding issues in the blockchain sector during the third cryptocurrency roundtable meeting. On his fourth day in office, Atkins emphasized the importance of addressing regulatory concerns surrounding digital assets and distributed ledger technology. He plans to collaborate with colleagues and staff while also seeking external input. Atkins highlighted the significance of this work, noting that entrepreneurs across the United States are leveraging blockchain technology to modernize the financial system. He anticipates substantial benefits from market innovations in terms of efficiency, cost reduction, transparency, and risk mitigation.