Paul Atkins criticized Biden administration’s approach to crypto and emphasized a shift toward more crypto‑friendly policies under President Donald Trump

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In a Monday event led by the SEC’s crypto task force titled “DeFi and the American Spirit,” Atkins said the prior administration, suggesting the agency’s stance on digital assets under former chair Gary Gensler, took a heavy-handed approach through the courts.
The new SEC chair contrasted that model with the prior administration’s approach, saying it sought to discourage participation through enforcement actions and public statements that characterized mining, validating, and staking services as securities activity.