TechFlow, June 4 — According to Decrypt, SEC Chair Paul Atkins committed during a Tuesday Senate hearing to establishing a "rational regulatory framework" for crypto assets, emphasizing policy implementation through rulemaking and transparency rather than enforcement actions. He stated that "clear rules are essential to protect investors from fraud" and criticized former Chair Gensler's approach for stifling innovation. Meanwhile, members of Congress have introduced the CLARITY Act, aiming to remove most crypto assets from SEC jurisdiction and establish a new legal framework. Atkins also mentioned the SEC's newly formed Crypto Task Force and an upcoming DeFi roundtable, which are expected to support industry innovation and bring benefits such as improved efficiency and risk mitigation.
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