Paul Atkins, chairman of the U.S. Securities and Exchange Commission, announced that the agency will take swift action to implement the President's Working Group's recommendations on cryptocurrency regulation. This move aims to promote innovation in the digital asset market and provide greater clarity. Specifically, the plan seeks to shift from an enforcement-led regulatory approach to a rule-based approach, striking a balance between protecting investors and promoting technological progress. It is worth noting that Atkins revealed this news at the Wyoming blockchain seminar. At the core of this vision is the President's Digital Assets Group, which will lead the next phase of U.S. digital asset regulation.
