Paul Atkins, president of the US Securities and Exchange Commission (SEC), targeted the crypto policies of the previous administration in the latest roundate of regulators searching for digital asset regulations.
“Defa and the American Spirit” in a Monday incident led by SEC’s Crypto Task Force, Atkins Said Former administration, former chairman Gary Gensler, took a huge outlook through the courts, suggesting the agency’s stance on digital assets under Gary Genslar. He said that SEC policies on stacking as a service provider required Congress’s approval for permanent rights, and postponed the self-cosmetry as “fundamental American value”.
“I am in favor of giving participants more flexibility to the participants of the market for self-custdy crypto assets, especially where arbitration implements unnecessary transactions or restrictions to engage in stacking and other onchain activities,” Atkins said at the rounded event.
“Unfortunately, the former administration insisted through regulatory functions to reduce innovation in self-custodial digital wallets and other onchain technologies that such software developers could conduct brokerage activities.”
The roundateable event was the fifth one in 2025, organized by the SEC’s Crypto Task Force, presided over by Commissioner Haster Peerus. The previous roundateable discussions focused on the position of tokens in the form of crypto trading regulation, detention, tokenification and securities. Until Monday, no additional roundateable event appeared on the SEC calendar.
Connected: Securities laws go beyond simple definitions – SEC Commissioner
SEC Commissioner Caroline Krenshow said, “… these rounds have given us a lot to say at least. […] With issues of this complex and put this high at stake, it is better to correct it than doing it faster. ,
Sex U-turn under Atkins and Donald Trump?
Since President Donald Trump took over and Jensor left the SEC in January, the agency has taken a different approach to digital assets through both its regulatory authority and courts.
In February, the SEC agreed to quit an enforcement action against the coinbase after less than two years in court. Broadly a month later, Riple CEO Brad Garlinghouse announced that SEC would give up its appeal following a court verdict against the firm arising from 2020 enforcement action.
Both important US financial regulators, SEC and Commodity Futures Trading Commission (CFTC) will be the leadership panels, possibly the resignation and conditions for the commissioners in the near future, in the near future. MPs in the Senate Agricultural Committee have been scheduled to consider the nomination of Trump of Brian Quintage as CFTC Chair on Tuesday.
magazine: SEC’s U-turn on Crypto leaves important questions
