SEC Chairman Paul Atkins: U.S. Crypto Regulation Enters the 'Rule Clarification' Phase Paul Atkins stated that the U.S. Congress passed and the President signed the 'GENIUS Act' at the end of last year. This marks the first time the U.S. government has formally recognized crypto assets through legislation, while also providing a clear regulatory framework for stablecoins. He pointed out that Congress is now advancing new bipartisan efforts aimed at further clarifying the market structure rules for cryptocurrencies. This process aligns with the government's policy direction of 'making the U.S. the global crypto capital.' Atkins emphasized that as long as legislation is clear and rules are well-defined, the market can achieve certainty. He expressed optimism about the continued progress of related bills this year and their submission for the President's signature, believing this will bring substantial benefits to the crypto market and its investors.