The dry building in Washington DC. Source: component
Paul AtkinsThe new president of the United States Securities Market Commission (SEC) collapsed hard before his predecessor Gary Gensler.
A fortnight ago, Atkins met a “working group on cryptocurrencies” to discuss the future of the cryptocurrency market in the United States. He described as “hard” the previous policy of the SEC and he plans to adopt a very different approach to the regulation of cryptocurrencies.
Round table with leaders DEFI
This working group organized a Round table Entitled “Defi and the American spirit”. Paul Atkins described the self-management of fundamental cryptocurrencies of American value. Political and industry leaders have attended Challenge.
Atkins denounced the hard legal approach to his predecessor Gensler. In addition, he argued that dry policy around the “strike as a service” should be approved first by the congress to be really defensible. The new president of the dry had more than say:
“I recommend more freedom for market players in order to manage their cryptocurrencies themselves, especially when intermediaries charge high commissions or hamper the use of the strike and other functions in the chain. The previous administration has unjustly labeled developers of this type of software as “intermediaries”, subjecting them to strict and improving dry standards. “”
Previous debates on cryptocurrencies
By the way, it was already the fifth debate of the working group in 2025. The previous debates focused on the regulation of the cryptocurrency trade, the custody, the token and the status of tokens as values. Caroline Crenshaw, who works as a curator in the dry, said the following:
These round tables have given us enough work, to say nothing else. We wanted to create clarity quickly, but it was soon clear that there was not much that could be done in a simple or fast way. When there is so much game, I prefer a reflective approach to the rush. ”
What is this round in the dry?
Since the arrival of the professional president of the Crypto Donald Trump and the departure of Gary Genues From the SEC in January 2025, this financial supervision agency adopted a very different approach.
The dry led by Paul Atkins has a softer tone towards crypts. Political changes have also been produced in other agencies that previously criticized cryptos. For example, a new managing director has taken the bar and / or the number of employees has been reduced. Consequently, there is less influence to take energetic measures against cryptocurrencies.
In February 2025, the SEC withdrawn the charges from Coinbase, after a two -year legal battle. The request of the dry against Ripple lasted even more. Earlier this year, the director of Ripple, Brad Garlinghouse, announced by “X” that the SEC would withdraw its posts:
That’s it – the moment when we were waiting for. The dry will abandon its appeal – a resounding victory for Ripple, for the crypto, all the ways you look at it.
The future is brilliant. Let’s build. pic.twitter.com/7wsd0c92cm
– Brad Garlinghouse (@bgarlinghouse) March 19, 2025
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