PANews February 12 News, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated on X platform that during his testimony before Congress today, he outlined the SEC’s three major priorities beyond 2026: focusing on fraud investigation and investor protection, reforming disclosure rules, and providing a clear regulatory framework for digital assets.
Atkins said that the SEC will protect investors through targeted enforcement and cross-border enforcement teams, while emphasizing the need to modernize, rationalize, and streamline the reporting system to make it substantively meaningful and easy to understand for investors. In the digital asset space, Atkins acknowledged that establishing a clear regulatory framework for cryptocurrencies has been “too late,” and he stated that as Congress advances related legislation, the SEC will collaborate with the Commodity Futures Trading Commission through “Project Crypto” to clarify regulatory obligations for investors and innovators.
Earlier reports indicated that the SEC Chairman was questioned about the issue of relaxing cryptocurrency regulation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Intercontinental Exchange invests an additional $600 million into Polymarket, bringing its total investment to $1.64 billion
Intercontinental Exchange adds $600 million investment to Polymarket, bringing the total to $1.64 billion. Trump emphasizes the importance of Bitcoin, while Yilihua states the cryptocurrency market has performed poorly for four years. The U.S. plans to release a draft of stablecoin yield provisions, and Ripple's CEO says the CLARITY Act may be delayed until May. California bans public officials from trading on insider information. The crypto industry enters the "Shirt Era," with blockchain and AI integration driving development. Lido proposes to buy back LDO tokens, and Ripple and Stellar founders jointly invest $1 billion in AGI research.
GateNews27m ago
Plume’s legal counsel testified before Congress, urging the SEC to accelerate rulemaking for tokenization and move DeFi protocol ATS registrations forward
Plume legal advisor B. Salman Banaei testified before Congress, urging the SEC to expedite the development of tokenization rules and criticizing the reliance on an "innovation exemption" mechanism. He emphasized the need for public consultation to promote permanent solutions that would attract large institutions to participate in the tokenization of real-world assets, reminding SEC leadership of the urgency to act.
GateNews1h ago
Several banks in South Korea are deepening their cooperation with cryptocurrency exchanges, with KB Kookmin Bank renewing its contract despite an incident at a certain exchange.
South Korea’s banking industry is actively strengthening cooperation with cryptocurrency exchanges to deal with constrained loan growth and to seek new profit opportunities. Several banks have established partnerships with exchanges, despite historical incidents involving mistaken Bitcoin airdrops. Regulators plan to expand their regulatory authority, which could intensify competition among banks.
GateNews1h ago
The Governor of California signed an executive order prohibiting public officials in the United States from using non-public information to participate in prediction markets.
California Governor Gavin Newsom signed an executive order prohibiting state-appointed officials from profiting in prediction markets using non-public information, emphasizing the maintenance of government integrity and public trust, and criticizing recent insider trading issues among internal personnel.
GateNews2h ago
Circle Reverses KYT Freeze on 500 Casino and Whale USDC Wallets
Circle has unfrozen two hot wallets linked to 500 Casino and a crypto whale after a compliance freeze blocked user withdrawals at a centralized exchange. The lack of transparency regarding the initial freeze raises concerns about centralized control over assets.
LiveBTCNews4h ago
P2P.me team discloses and apologizes for prediction market bets
The team behind the P2P.me decentralized trading platform disclosed that it opened positions on the Polymarket prediction market related to its recent capital raise.
The team opened the positions 10 days before the raise went live, wagering whether the project would hit its $6 million fundraising t
Cointelegraph5h ago
