‍SEC Chair Atkins Pivots to Innovation and Tokenization

SEC Chairman Paul Atkins announces a significant shift in the agency's approach to digital assets, moving from enforcement-led oversight to fostering innovation. The new strategy aims to integrate blockchain technology into the traditional financial system.

Key initiatives include the launch of "Project Crypto" to modernize regulations and establish a dedicated crypto task force. The SEC is also focusing on tokenizing real-world assets and enhancing payment clearing systems, exemplified by the approval of WisdomTree's 7x24-hour settlement tokenized money market fund. Atkins emphasizes the need to embrace these advancements to maintain U.S. leadership in the global digital economy.

https://cryptovka.com/news/sec-chair-atkins-shifts-strategy-toward-innovation-and-tokenization