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SEC Chairman Discusses Trump Family Encryption Conflicts of Interest and Advances Digital Asset Regulatory Reform
[Coin World] Paul Atkins, chairman of the SEC, commented on the conflict of interest regarding the Trump family's involvement in World Liberty Financial's Crypto Assets and stated that the agency will enforce existing laws when necessary. Although acknowledging the potential conflict of interest, Atkins emphasized that standards should be established rather than making comments on specific cases. The SEC is promoting reforms favorable to Crypto Assets, including the launch of innovation exemptions by the end of the year and the "Project Crypto" aimed at modernizing digital asset regulations, marking a shift from the strong enforcement approach of former chairman Gary Gensler.