SEC Chairman: The US SEC will immediately begin implementing the President's cryptocurrency recommendations.

[Chairman of the SEC: The U.S. SEC will immediately begin implementing the President's crypto assets proposal] Paul Atkins, Chairman of the U.S. Securities and Exchange Commission, announced that the agency will act swiftly to implement the recommendations from the President's working group regarding the regulation of crypto assets. This move aims to promote innovation in the digital asset market and provide greater clarity. Specifically, the plan seeks to shift from a law enforcement-led regulatory approach to a rules-based method, thereby achieving a balance between protecting investors and fostering technological advancement. It is worth noting that Atkins revealed this information at the blockchain seminar in Wyoming. At the core of this vision is the President’s Digital Assets Group, which will lead the next phase of work on the regulation of digital assets in the United States.