Newly appointed SEC Chair: Will strive to ensure that the U.S. becomes the "safest and most suitable country for conducting encryption business globally."

According to Wu, as reported by ibtimes, the new SEC Chairman Paul Atkins stated in his inaugural speech that "providing a rational, coherent, and principled regulatory framework for digital assets" will be a top priority during his tenure. He also pledged to ensure that the United States becomes "the safest and most suitable country for conducting encryption business globally."

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