SEC's New Chairman Paul Atkins: Will Focus on the Regulation of Digital Assets and Distributed Ledger Technology

Paul Atkins, the new chairman of the US SEC, stated at the third cryptocurrency roundtable: "This is my fourth day at the commission, and I am eager to address long-standing issues in the blockchain sector, such as the regulation of digital assets and distributed ledger technology, in collaboration with my colleagues and staff, while also seeking external input. This is crucial work, as entrepreneurs across the United States are using blockchain technology to modernize the financial system. I anticipate significant benefits from this market innovation in terms of efficiency, cost reduction, transparency, and risk mitigation."