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Paul Atkins: The Decline of the Crypto Market Is Not a Reason for Strict Actions, 2026/02/20 10:15:34
The Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, stated that short-term declines in the cryptocurrency market should not trigger stricter regulations. He emphasized that the agency will focus on establishing clear guidelines for the sector.
Speaking at the ETHDenver conference alongside SEC Commissioner Hester Peirce, Atkins highlighted that the market has shown bearish trends in recent months: Bitcoin is trading above $67,000, while Ethereum has fallen back below $2,000.
“The regulator’s role is not to be concerned with daily market fluctuations. Individuals who expect only consistently rising numbers are likely to be disappointed,” Atkins remarked.
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He pointed out that the SEC is no longer relying on enforcement actions against crypto companies as it did a few years ago. The agency has halted several cases against crypto platforms and has issued clarifications regarding mining, staking, and meme coins.
According to Atkins, under the Project Crypto initiative, the SEC is collaborating with the U.S. Commodity Futures Trading Commission (CFTC) to classify crypto assets, develop trading rules for tokenized securities on automated market makers, and prepare recommendations for the custody of stablecoins.
Hester Peirce added that regulatory clarity alone is insufficient; developers must create practical solutions with real-world applications. She stated that this could foster bipartisan support for the crypto industry in Washington.
Last year, Atkins mentioned that only a few cryptocurrencies can be classified as securities, and that asset tokenization has the potential to enhance the efficiency of traditional finance.
