How the SEC Chairman Views the Role of Stablecoins in the Future On January 13, SEC Chairman Paul Atkins stated in an interview with Fox Business that the current trading volume of stablecoins accounts for about one-fourth of Bitcoin's, and their market influence continues to grow. With the passage and enactment of the *Genius Act* at the end of last year, the U.S. has, for the first time, formally recognized crypto assets through legislation and provided a regulatory foundation for stablecoins. Against this backdrop, Congress is advancing a bipartisan crypto bill aimed at further clarifying market structure and regulatory responsibilities, bringing greater certainty to the industry. Source: Fox Business