SEC Chair: The U.S. has missed the window for crypto regulation and is accelerating the modernization of rules

ZkProver · 2026-03-07T01:16:19+00:00

SEC Chairman Paul Atkins stated that the SEC is accelerating its cryptocurrency regulation efforts in response to industry innovation. He mentioned that a crypto task force has been established and "Project Crypto" has been launched, while also focusing on the long-term applications of distributed ledger technology. The SEC has also approved 24-hour trading for digital currency market funds.

ZkProver

2026-03-07 01:16:19

Abstract generation in progress

ChainCatcher News, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that the SEC is re-accelerating its efforts to advance cryptocurrency regulation to make up for previous shortcomings in policy development.

He pointed out at an event at the University of Texas that regulatory agencies had failed to keep pace with industry innovation trends in the past. Atkins said that since the Trump administration took office, the SEC has adopted a more open stance, established a crypto working group, withdrawn several enforcement cases, and launched the “Project Crypto” initiative to promote updates to the regulatory framework. He emphasized that, compared to short-term price fluctuations, more attention is being paid to the application prospects of distributed ledger technology in payments, clearing, and settlement systems.

Additionally, the SEC approved WisdomTree’s digital currency market fund to enable 24/7 trading and real-time settlement this week. Atkins also revealed that future plans include exploring the launch of tokenized bank deposit products.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes