The chair of the Securities and Exchange Commission, Paul Atkins, on Monday called for a new regulatory framework for crypto assets, aiming to support blockchain innovation and fulfill President Donald Trump’s goal of making the U.S. the “crypto capital of the planet,” Pymnts reported.

Atkins said Monday that crafting clear rules for crypto assets will be a central focus of his leadership, warning that outdated regulations could stifle blockchain innovation in the United States.

Speaking at the Crypto Task Force Roundtable on Tokenization, Atkins said SEC policies must evolve to support crypto asset markets while maintaining investor protections.

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