Paul Atkins | Crypto

The transition from Gary Gensler to Paul Atkins led to a significant decline in enforcement cases across the board, including those involving crypto companies. Consulting company Cornerstone Research reported a significant drop in the number of enforcement actions implemented by the current leadership of the US Securities and Exchange Commission, compared to that under the previous administration. In a report released on Wednesday, Cornerstone reported that, under SEC Chair Paul Atkins, the number of enforcement actions against public companies and their subsidiaries decreased by about 30% in fiscal year 2025 compared to those in fiscal year 2024. The company said the data was “consistent with the general pattern for other fiscal years when the SEC administration changed,” referring to former Chair Gary Gensler. Read more

Proposed SEC corporate disclosure reforms could enable crypto companies to align reporting with market expectations, reducing compliance costs and encouraging long-term strategy over short-term results. The post 3 Ways Crypto Firms Gain from SEC Corporate Disclosure Shakeup Backed by Paul Atkins appeared first on Cryptonews.

The new SEC chair said the regulator "should not be in the business" of stifling innovation at companies like those involved in digital assets. In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of the SEC. He suggested that the financial regulator would be more open to “adapt to and accommodate new developments” while still abiding by its statutes. “The crypto markets have been languishing in SEC limbo for years,” said Atkins, adding: Read more