U.S. SEC Chairman Paul Atkins: We will strengthen cost-benefit analysis and prudently promote digital asset regulation

Mars Finance News: The U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins testified on May 20, 2025, before the House Financial Services and Government Management Appropriations Subcommittee. He stated that he will prioritize the SEC's regulatory transparency and accountability mechanisms, especially in the digital asset domain. He emphasized that the SEC should conduct rigorous cost-benefit analyses when formulating rules to avoid adverse impacts on market innovation. Paul Atkins also noted that the SEC will strengthen cooperation with Congress to ensure its regulatory activities align with legislative intent and adopt a cautious approach to digital asset regulation to prevent hindering technological progress. He stated that the SEC will continue to fulfill its mission of protecting investors and maintaining market integrity while promoting the healthy development of financial markets. (SEC.gov)