The incoming chairman of the U.S. SEC: The first priority is to work with colleagues and Congress to provide a solid regulatory foundation for digital assets

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According to ChainCatcher, crypto journalist Eleanor Terrett stated on social platforms that SEC incoming chairman Paul Atkins said he would abandon the previous government's harsh enforcement approach: "Industry experience and focused application are needed to ensure that customers and investors benefit from efficient, effective, and carefully designed regulation. Our SEC's mission should be to promote these efforts and use enforcement powers to correct and rectify arbitrary behavior when necessary."

Regarding digital assets: "My top priority as chairman is to work with my fellow commissioners and Congress to provide a solid regulatory foundation for digital assets through a reasonable, coherent, and principled approach."

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