31-7-2025 – U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has called for a unified regulatory framework for digital assets, emphasizing collaboration to foster innovation while protecting investors, as reported by Binance Square. Speaking at the President’s Working Group (PWG) meeting on July 30, 2025,
Atkins outlined a vision to make the U.S. the global leader in cryptocurrency, aligning with President Trump’s goal of establishing America as the “crypto capital of the world.” Atkins criticized past SEC approaches under former leadership for stifling innovation through enforcement-heavy tactics.
The President’s Working Group recs follow months of collaboration across agencies and perspectives. It reflects a conviction I have long held: a regulatory framework for digital assets is the best way to catalyze American innovation.
My full statement: https://t.co/R6c8W8cvqN pic.twitter.com/4Y832ycSmP
— Paul Atkins (@SECPaulSAtkins) July 30, 2025
The PWG recommendations, backed by Atkins, propose clear rules for the issuance, custody, and trading of crypto assets. The SEC plans to leverage its existing authority to craft new regulations and work with Congress on potential legislation. Enhanced cooperation with the Commodity Futures Trading Commission (CFTC) and other agencies aims to ensure a consistent approach, addressing risks while unlocking blockchain technology’s potential.
This shift follows recent SEC actions, including dismissing lawsuits against major crypto firms like Binance, signaling a departure from the aggressive enforcement of the prior administration. Atkins’ framework seeks to balance investor protection with market growth, potentially encouraging broader adoption of digital assets in traditional finance.