What is the next step in Crypto after Ripple and Coinbase dismissed? Paul Atkins, Chairman of the coming SEC says

Paul Atkins, leading Donald Trump’s US Securities and Exchange Commission (SEC), recently spoke to the Senate Bank Commission on March 27 and demanded a clear and supportive framework for the Cryptocurrency market.

“Since 2017, we have led the industry’s efforts to develop the best practices of the digital asset industry, so we have seen a way to create uncertainty in the market and interfere with innovation in the market.”

Atkins said his first priority was to provide a firm regulatory foundation for digital assets through a reasonable, consistent and principle approach in cooperation with fellow members and parliament.

He criticized the old rules that block innovation and said that ambiguous policies undermined investor trust. Atkins has vowed to create a framework that encourages the growth, technology and investor protection that matches Trump’s vision for global leadership of digital assets.

“It is time for the SEC to return to the core mission that Congress began: Investor Protection; Fair, Ordered, Efficient Market, Capital Formation.”

Atkins, a former SEC commissioner and current CEO of Patomak Global Partners, has opened up the need for regulation clarity in a rapidly growing digital asset space.

“I want to work for the US market and investors. When confirmed, my goal is to make the United States the best and safest place for the United States to do business in the world.”