SEC chair suggests ‘huge benefits’ in agency’s third crypto roundtable

In one of her first appearances as a recently sworn president of the Securities and Exchange Commission of the United States, Paul Atkins pronounced remarks at the third round table of the Agency on cryptographic regulations.

In the round event “Knowing your goalkeeper” on April 25, Atkins said that he expected “enormous advantages” of blockchain technology thanks to efficiency, risk mitigation, transparency and reduction costs. He reiterated that among his dry objectives would be to facilitate “the clear regulatory rules of the road” for digital assets, suggesting that the agency under the former president Gary Gensler had contributed to the market and to regulatory uncertainty.

“I can’t wait to get involved with market players and work with colleagues from the Administration of President Trump and the Congress to establish a rational framework adjusted for the use of cryptographic assets,” said Atkins.

Certain criticisms of the American president Donald Trump see the appointment of Atkins to direct the dry in mind to the cryptography industry, acting on the campaign promises to withdraw peoplelers – the former president resigned the day Trump took office – and reduced the regulations. The Democratic legislators of the Senatoric Banking Committee interviewed Atkins on its links with industry, potentially presenting conflicts of interest in its role of regulation of the crypto.

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