SEC’s ‘future-proofing’ push to shape how much freedom crypto enjoys after Trump
Could a future US presidential administration undo all of Paul Atkins’ work in a matter of days? Cointelegraph spoke to legal and regulatory experts to find out.
Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, he’s moving quickly to “future-proof” SEC policies, a push that could define how much freedom the crypto industry enjoys after President Donald Trump leaves office.
In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could impact the cryptocurrency industry after Trump or Atkins leaves.
“We have, I think, an amazing opportunity to get together and, in a can-do spirit, kind of create something that’s lasting,” said Atkins on US regulators collaborating. “My main concern is to future-proof this against future potential changes. What we have to do is to get things implemented, get things agreed, and then let the market work […]”
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