The new US Chairman of the US says that the CRIPTO sector deserves clear regulations

Douglas Gillison

Washington – New Head of American Securities and Exchange Friday said that the Agency suffocated innovation for the cryptocurrency sector (“regulatory uncertainty” in previous years.

“Participants in market engaged in this technology deserve clear regulatory rules,” Paul Atkins in his first remarks, because they swore as the chairman of the Agency as Chairman as Chairmerly this week.

It was careful to win the round table, which was initiated by the republican management that laws on securities could be applied to digital assets, the area of ​​tension between the sector and the Agency within the previous leadership.

Atkins, who worked with cryptian firms in recent years, is expected to take a softer softer with industry. The previous chair of the Agency, Gari Gensler, targeted what he described as widespread industryous industry with American securities laws.

Even before Atkins arrived, SEC drastically transferred his position to the CRIPTO in the last months, wanting to create new regulations for the sector and paused or entirely outgoing from execution cases.

When asked about the potential to suspend to trade Chinese companies as a tension between the two largest economies, Atkins said the agency would take shares if companies do not adhere to American laws.

(Reporting Douglas Gillisonaditional Reporting Chris Prentice, Editing Franklin Paula)