Chairman Paul Atkins of the U.S. Securities and Exchange Commission (SEC) responded to questions about its enforcement policies in the crypto market during a congressional hearing, particularly regarding Tron Foundation founder Justin Sun and his connections to the Trump family. Atkins stated that due to regulatory restrictions, he cannot publicly discuss specific cases but is willing to consider providing confidential briefings to lawmakers. He also mentioned that the SEC is working with the Commodity Futures Trading Commission (CFTC) to develop clear regulatory rules for the crypto industry in accordance with the Clarity Act, aiming to provide a more defined regulatory framework for crypto companies. (CoinDesk)
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Chairman Paul Atkins of the U.S. Securities and Exchange Commission (SEC) responded to questions about its enforcement policies in the crypto market during a congressional hearing, particularly regarding Tron Foundation founder Justin Sun and his connections to the Trump family. Atkins stated that due to regulatory restrictions, he cannot publicly discuss specific cases but is willing to consider providing confidential briefings to lawmakers. He also mentioned that the SEC is working with the Commodity Futures Trading Commission (CFTC) to develop clear regulatory rules for the crypto industry in accordance with the Clarity Act, aiming to provide a more defined regulatory framework for crypto companies. (CoinDesk)