SEC Chair: "Providing a clear regulatory framework for digital assets" is one of SEC's priorities this year

PANews February 12 News, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated on X platform that during his testimony before Congress today, he outlined the SEC's three major priorities beyond 2026: focusing on fraud investigation and investor protection, reforming disclosure rules, and providing a clear regulatory framework for digital assets.

Atkins said that the SEC will protect investors through targeted enforcement and cross-border enforcement teams, while emphasizing the need to modernize, rationalize, and streamline the reporting system to make it substantively meaningful and easy to understand for investors. In the digital asset space, Atkins acknowledged that establishing a clear regulatory framework for cryptocurrencies has been "too late," and he stated that as Congress advances related legislation, the SEC will collaborate with the Commodity Futures Trading Commission through "Project Crypto" to clarify regulatory obligations for investors and innovators.

Earlier reports indicated that the SEC Chairman was questioned about the issue of relaxing cryptocurrency regulation.