SEC's new chairman Paul Atkins: Today's roundtable discussion focuses on whether to modify existing rules or develop a new framework for cryptocurrency brokers

Odaily Planet Daily News: Paul Atkins, the new chairman of the US SEC, said at the third crypto roundtable meeting: "The focus of today's roundtable discussion is the challenges faced by SEC registrants when attempting to securely safeguard crypto assets for clients under federal security laws. According to the Securities Exchange Act, the Investment Advisory Act, or the Investment Company Act, the custody rules should be modified to adapt to the fact that crypto assets are a special brokerage business. Is the so-called system feasible for market participants, or is a new framework for crypto asset brokerage traders needed