[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Suraj Meena ( WLFI 🦅 [@SurajMeenaji](/creator/twitter/SurajMeenaji) on x 2118 followers Created: 2025-07-21 14:08:23 UTC That's not entirely accurate. Paul Atkins, the new SEC Chair, hasn't given Bitcoin and crypto a "stamp of approval". Instead, he's advocating for clear and rational regulations to foster innovation in the crypto industry. He's criticized the previous administration's approach, led by Gary Gensler, for being too vague and stifling innovation. Atkins wants to work with market participants, Congress, and the Trump administration to establish a fit-for-purpose regulatory framework for crypto assets. He believes this will help entrepreneurs harness blockchain technology to modernize the financial system, bringing benefits like efficiency, cost reduction, transparency, and risk mitigation.¹ ² ³ Some key points about Atkins' approach include⁴: - *Clear Regulatory Rules*: Atkins emphasizes the need for clear rules to guide market participants and prevent regulatory uncertainty. - *Support for Innovation*: He's committed to supporting innovation in the crypto industry, rather than stifling it with overly broad or vague regulations. - *Collaboration*: Atkins plans to work with various stakeholders, including market participants, Congress, and the Trump administration, to establish a rational regulatory framework. Overall, Atkins' approach seems to be focused on creating a more supportive environment for crypto innovation in the US, rather than simply giving it a "stamp of approval". XX engagements  **Related Topics** [gary gensler](/topic/gary-gensler) [$raade](/topic/$raade) [paul atkins](/topic/paul-atkins) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/SurajMeenaji/status/1947297606348279908)
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Suraj Meena ( WLFI 🦅 @SurajMeenaji on x 2118 followers
Created: 2025-07-21 14:08:23 UTC
That's not entirely accurate. Paul Atkins, the new SEC Chair, hasn't given Bitcoin and crypto a "stamp of approval". Instead, he's advocating for clear and rational regulations to foster innovation in the crypto industry. He's criticized the previous administration's approach, led by Gary Gensler, for being too vague and stifling innovation.
Atkins wants to work with market participants, Congress, and the Trump administration to establish a fit-for-purpose regulatory framework for crypto assets. He believes this will help entrepreneurs harness blockchain technology to modernize the financial system, bringing benefits like efficiency, cost reduction, transparency, and risk mitigation.¹ ² ³
Some key points about Atkins' approach include⁴:
- Clear Regulatory Rules: Atkins emphasizes the need for clear rules to guide market participants and prevent regulatory uncertainty.
- Support for Innovation: He's committed to supporting innovation in the crypto industry, rather than stifling it with overly broad or vague regulations.
- Collaboration: Atkins plans to work with various stakeholders, including market participants, Congress, and the Trump administration, to establish a rational regulatory framework.
Overall, Atkins' approach seems to be focused on creating a more supportive environment for crypto innovation in the US, rather than simply giving it a "stamp of approval".
XX engagements
Related Topics gary gensler $raade paul atkins bitcoin coins layer 1 coins bitcoin ecosystem coins pow