SEC Chairman Paul Atkins discusses crypto regulation, Blockchain and the ‘Tokenization’ of the US stock market on ‘Morning with Maria.’
The chairman of the SEC Paul Atkins said that the rapid development in the technology of electronic trading and the blockchain is driving a major change in the program of forty, predicting that Posizatization could be the main feature of the American markets in a few years.
“The next step comes with digital goods and digitalization, the tokazization of the market,” Atkins told FOX Business’ Maria Bartiromo, adding that the shift could happen sooner than many expected.
“It’s the way the world is going to be … Maybe not even ten years from now, maybe a little while, maybe a few years from now.”
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Paul Atkins, chairman of the US Securities and Exchange Commission (SEC), before a Bloomberg television interview in Washington, DC, on Friday, July 18. (Stefani Reynolds/Bloomberg/Getty Images/Getty Images)
In a special interview “in the morning with Maria” on Wednesday, the Attins hoped that Posilization would bring greater predictability and remove the gap to reduce or eliminate the traditional reduction between the execution of money, payment and storage.
He added that the shift comes as regulators are rethinking their approach to digital assets.
“The problem we’ve seen in the last few years is that the sec of a second has never existed in a new press conference,” Atkins said.
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The opening bell of the New York Stock Exchange in New York City on May 28, 2025. (Adam Gray for Fox News Digital / Fox News)
“But here recently, the athwart has almost stopped [in] The market as all these new things come out … we really appreciate it, and we believe that we need to offer it to save the United States as much as possible.
Atkins noted that the US is now taking a different stance on digital assets than before, saying the US and Communist China were “the only two countries” pushing to make cryptocurrencies illegal.
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“It’s a new day now, so we want to embrace this new technology, bring it to the ocean where it can work under American law,” he said.
“And with the installation of ftx offshore, ledgerx did not skip a beat. All clients’ assets are accounted for because they have been segregated into accounts under the CFTC’s good rules.”
