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

CoinNetwork · 2026-02-28T00:13:00+00:00

SEC Chairman Paul Atkins stated that the SEC is accelerating its cryptocurrency regulation process to address past policy shortcomings, establishing a crypto task force and launching the "Project Crypto" initiative, focusing on the application of blockchain technology, approving digital currency market funds for round-the-clock trading, and exploring tokenized bank deposit products.

CoinNetwork

2026-02-28 00:13:00

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CoinWorld News: U.S. Securities and Exchange Commission (SEC) Chairman 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 Donald Trump took office, the SEC’s stance has become more open, with the formation of a crypto working group, the withdrawal of several enforcement cases, and the launch of the “Project Crypto” initiative to update 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 plans to explore the launch of tokenized bank deposit products in the future.

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