Key Takeaways:
Brad Garlinghouse linked changing SEC policy to improving sentiment in U.S. crypto markets. Paul Atkins pointed to clearer rules, lighter compliance burdens, and support for blockchain finance. Ripple’s CEO said a more predictable regulatory framework could strengthen innovation and long-term growth. Crypto Sentiment Improves as SEC Shifts DirectionReferencing former SEC Chair Gary Gensler’s regulation-by-enforcement approach, Garlinghouse stated on social media platform X:
“By comparison, Paul Atkins is a breath of fresh air and sanity. He is a model of what leadership at the SEC should look like… he’s focusing on what matters – protecting investors and fostering innovations that help those investors and the markets.”
Atkins Pushes Clearer Rules for Digital AssetsIn his statement on April 20, Garlinghouse sharpened his criticism of the prior approach, stating:
“The SEC’s first mission is to protect investors. Under Gary Gensler, the SEC clearly lost its way. He declared war on a technology. It was an unlawful power grab… and the courts said as much.”
The remarks reflect ongoing industry criticism of the SEC’s earlier enforcement-driven strategy, while underscoring expectations that a clearer framework could reshape compliance and support broader digital asset adoption.
