In his first public appearance as SEC chairman, Paul Atkins addressed a crypto roundtable in Washington, assuring the audience that the SEC will continue to reshape securities policy to foster innovation in digital assets. He mentioned that, while awaiting congressional action for comprehensive crypto market oversight, the agency plans to move forward using its existing authorities. Atkins indicated a need to rethink special-purpose broker dealers and custody policies related to cryptocurrencies. He acknowledged the agency's ability to act within existing laws and expressed optimism about establishing a framework conducive to crypto technologies. Atkins highlighted previous efforts to improve the regulatory foundation for digital assets and recognized the important role of Congress in guiding these regulations. The SEC has been cautious in its approach, particularly concerning custody policies, but under Atkins’ leadership, the agency aims to provide clearer pathways for the burgeoning crypto industry.

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