According to SEC Chair Paul Atkins, U.S. crypto policy is moving away from enforcement-led oversight toward innovation support, with the next 12 to 18 months seen as critical for market infrastructure.
SEC Chair Paul Atkins said U.S. crypto regulation is shifting from an enforcement-led approach toward support for innovation. The agency reported that enforcement actions in fiscal 2025 fell about 22%, while it also said most crypto assets are not securities, provided relief for DeFi interfaces, and ended cases involving Ripple, Coinbase, and Binance. Officials said the next 12 to 18 months will be critical for building U.S. crypto infrastructure under this revised regulatory stance.