U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced via X, "For too long, the SEC has been hostile to new technologies and innovation, driving entrepreneurs overseas. That era is over." He added, "Under President Trump's leadership, we will work with the administration and Congress to provide regulatory clarity to the digital asset market." Previously, President Trump emphasized on Truth Social that the U.S. cryptocurrency industry was driven overseas under former SEC Chairman Gensler's regime, stating that he would not let cryptocurrency fail.
