SEC Chair Backs New Crypto Rules to Boost U.S. Leadership 

SEC Chairman Paul S. Atkins has endorsed the policy blueprint released by the President’s Working Group (PWG) on July 30, calling it a critical step toward achieving President Trump’s vision of making the U.S. the global leader in digital assets.

The PWG’s recommendations, the result of months of inter-agency collaboration, outline a federal framework for regulating crypto markets. Atkins described the report as aligned with his long-held belief that clear, rational regulation is key to fostering innovation, protecting investors, and maintaining U.S. market dominance.

In a sharp contrast to his predecessor, Atkins credited the Trump Administration for embracing crypto innovation. “Thank goodness President Trump does and is leading on it,” he remarked, adding that the SEC will use its current authority to implement new rules while also working with Congress on legislative efforts.

The chairman also highlighted the importance of continued coordination with the CFTC and other federal agencies, underscoring the need for a unified, consistent regulatory approach. He praised the report’s focus on inter-agency collaboration and emphasized his support for the SEC’s Crypto Task Force and Commissioner Hester Peirce in carrying out the PWG’s vision.

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Calling the goals “ambitious and essential,” Atkins reiterated his commitment to forward-thinking regulation that balances innovation with risk mitigation. He concluded by echoing President Trump’s call for global dominance in digital infrastructure: “America must do more than keep pace… we must lead it.”