SEC chair pledges no ‘lax enforcement’ on crypto under market structure

The chair of the SEC, Paul Atkins, has emphasized that there will be no lax enforcement of cryptocurrency regulations as the US Congress advances a market structure bill. This legislation aims to clarify the roles of the SEC and the CFTC in overseeing digital assets. Atkins' comments highlight the regulatory framework being established to ensure that the cryptocurrency market operates under strict guidelines, which is significant for maintaining investor confidence and market integrity.