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SEC Chairman Paul Atkins Declares US Financial Markets Ready for On-Chain Transformation, Urges Innovation Exemption Policy

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins declared on December 12th, as reported by BlockBeats, that American financial markets are on the precipice of an on-chain transformation. Atkins stated the SEC, under his leadership, is prioritizing innovation and embracing new technologies to realize this future, while steadfastly protecting investor interests. He highlighted that on-chain markets are poised to offer enhanced predictability, transparency, and operational efficiency for investors. Atkins also called for an innovation exemption policy to empower innovators to transition markets on-chain without cumbersome regulatory burdens. This announcement closely follows the U.S. SEC's recent approval for the Depository Trust & Clearing Corporation (DTCC) to custody and confirm tokenized stocks and Real World Assets (RWA) on-chain.
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