Paul Atkins, Chairman of the SEC, announced a regulatory overhaul focused on shifting the agency’s crypto policy toward rule-based policymaking and away from enforcement-driven actions.

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On Monday, May 12, 2025, Paul Atkins, chairman of the US Securities and Exchange Commission (SEC), announced a shift away from enforcement-first regulation at the SEC’s crypto roundtable, pledging to rely on rulemaking, interpretive guidance and exemptive authority to create tailored standards for digital asset markets.

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May 12, 2025

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Policymaking will no longer result from ad hoc enforcement actions. Instead, the Commission will utilize its existing rulemaking, interpretive, and exemptive authorities to set fit-for-purpose standards for market participants.
It is a new day at the SEC," Atkins said. "Policymaking will no longer result from ad hoc enforcement actions
A key priority of my chairmanship will be to develop a rational regulatory framework for crypto asset markets that establishes clear rules of the road for the issuance, custody and trading of crypto assets while continuing to discourage bad actors from violating the law," Atkins said.

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Week 20 of 2025
05/12/2025