SEC Chairman Atkins: A new era is starting in Crypto

The chairman of the SEC, Paul Atkins, who has been praised for his new and crypto initiatives, was in Paris today. Speaking at the (OECD) "round table" meeting of the Organisation for Economic Co-operation and Development, Atkins praised the EU's crypto regulation MiCA and explained the changes in the US.

"The US can learn from Europe"

Praising the European Union's MiCA (Markets in Crypto-Assets) regulations, Atkins stated that they could also learn from the EU's early steps.

"MiCA is a comprehensive set of regulations... We can learn from the early steps of the EU. In fact, the US, the EU, and other countries can also act together on this matter."

As a reminder, the first draft of MiCA was prepared in 2020. The European Parliament and the EU Council began voting in 2022.

"There will be no heavy regulations"

Atkins emphasized that the regulations would protect investors, but would not be so burdensome as to stifle entrepreneurs.

"Regulators should only intervene when necessary. Otherwise, small players will be shut out, leaving only large companies standing. A new era is beginning in the U.S. There will be no harsh regulations in crypto through sanctions. With the Project Crypto initiative, we are bringing together regulations in the crypto ecosystem under a single roof."

The SEC chairman also stated that they want to pave the way for platforms known as "super-apps." These types of applications are known as platforms that offer multiple services simultaneously.

Atkins also reiterated his belief that most cryptocurrencies do not qualify as securities.

Published: September 10, 2025 17:14Last Updated: September 10, 2025 17:21