SEC Chairman Paul Atkins: U.S. Cryptocurrency Regulation Enters "Clarification of Rules" Stage

PANews

Paul Atkins stated that the U.S. Congress passed and the President signed the GENIUS Act at the end of last year. This is the first time the U.S. government has officially recognized crypto assets through legislation, and it also provides a clear regulatory framework for stablecoins.

He pointed out that the two chambers of Congress are now promoting new bipartisan cooperation, aiming to further clarify the market structure rules for cryptocurrencies. This process is also aligned with the government’s policy direction to “make the U.S. a global crypto hub.”

Atkins emphasized that as long as legislation is clear and rules are well-defined, the market can gain certainty. He is optimistic that related bills will continue to advance and be submitted for the President’s signature this year, believing this will bring substantial benefits to the crypto market and its investors.

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IELTSvip
· 01-13 02:55
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