SEC Chair Atkins warns of ongoing market scrutiny during shutdown

SEC Chair Paul Atkins has warned that market oversight will be maintained even as the ongoing federal government shutdown disrupts agency operations. This disruption has specifically halted the SEC's ability to process approvals for new crypto financial products, such as ETFs, underscoring existing market vulnerabilities. Atkins has previously committed to fostering innovation in the crypto space by establishing internal project management to speed up approvals, moving away from past regulatory delays. The SEC's current leadership generally favors pro-innovation policies for crypto, focusing on establishing clear regulatory frameworks rather than solely relying on enforcement actions, though significant issues like naked short selling remain acknowledged problems.

(Source：Crypto Briefing)