On April 21, 2025, Paul Atkins officially took office as the Chair of the U.S. Securities and Exchange Commission (SEC). In his first public statement, he outlined the key areas of focus for the regulator, emphasizing the need to create an effective regulatory framework for crypto assets. Atkins stated that his main goal is to return to the core mission of the SEC – protecting investors, promoting fair and transparent markets, and facilitating capital formation.
This is reported by Business • Media
New Approach to Crypto Asset Regulation
During a press conference at the White House, U.S. President Donald Trump welcomed Atkins’ appointment and expressed confidence in positive changes within the regulator. The SEC Chair emphasized:
«I can confidently say that this is truly a new day in the history of the Commission. It is time for the SEC to end its overreach and return to the core mission assigned to this agency – protecting investors, ensuring orderly, fair, and efficient markets, as well as facilitating capital formation. I will work on protecting investors and creating transparent rules that encourage investment».
Atkins’ top priority will be to develop a regulatory framework for crypto assets through a “rational, consistent, and principled approach.” He stressed that the U.S. must remain one of the most attractive and reliable places for investment and business operations.
Collaboration Among Regulatory Bodies
During the press conference, Atkins also shared his vision for collaboration with other regulators, particularly the Commodity Futures Trading Commission (CFTC). “I see no reason why we cannot work together,” emphasized the new SEC Chair. Previously, discussions had been reported between these agencies regarding joint regulation of the crypto market, which arose following the resignation of several regulatory leaders.