Speaking at the SEC’s third “Crypto Task Force” roundtable on Friday, Atkins praised the potential of blockchain innovation and criticized the agency’s past handling of the sector.
Atkins emphasized that blockchain technology could dramatically improve efficiency, cut costs, and increase transparency across the financial system.
He also stressed the need for clear, supportive regulation, arguing that previous uncertainty had stifled progress and innovation.
This marks a clear break from the era of former SEC Chair Gary Gensler, whose tenure was defined by aggressive enforcement actions against major crypto firms like Binance, Kraken, Coinbase, Ripple, and Uniswap Labs.
Since Gensler’s resignation in January, those cases have been closed, hinting at a new chapter for crypto regulation in the U.S.
Atkins also invited industry participants to offer feedback on the suitability of existing securities laws, questioning whether frameworks like custody rules or broker-dealer regulations need to be revamped to better accommodate crypto assets and blockchain developments.
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