SEC Hosts Third Cryptocurrency Roundtable Amid Market Optimism – Coincu

The U.S. SEC’s Third Cryptocurrency Roundtable is being conducted today from 1:00 AM to 5:00 AM Beijing time, with SEC Chairman Paul Atkins leading the discussions. The event addresses regulatory clarity for digital assets.

At the roundtable, discussions centered on establishing regulatory frameworks for cryptocurrencies, led by newly appointed SEC Chair Paul Atkins. This marks a potential shift in regulatory approach.

Roundtable Focus: Regulatory Clarity Under Atkins

Atkins emphasized the SEC’s flexibility in adapting existing regulations to better suit the digital asset market. This statement suggests easing pressures and an openness to crypto innovation.

Bitcoin responded with a surge to $94,000, reflecting optimism among investors. Market leaders anticipate reduced friction, as highlighted by CoinFund’s Chris Perkins, who pointed out the previous regulatory challenges impacting investor confidence.

“The SEC aims to establish a rational, fit-for-purpose framework for the cryptocurrency sector… We have significant flexibility within current regulations and laws.” — Paul Atkins, Chairman, SEC

Bitcoin Soars to $94,000 Amid Optimism

Did you know? The prior tenure of SEC Chair Gary Gensler saw a downturn in Bitcoin’s price around controversial regulatory actions. Under Atkins, the market shows rekindled optimism with Bitcoin reaching nearly $95,000.

Bitcoin, as of late April 2025, trades at an approximate $94,826.95 per CoinMarketCap. The market cap stands at $1.88 trillion, accounting for a 63.55% market share. Recent data indicates a 12.22% price uptick over the past week.

Coincu analysts note the shift towards positive regulatory engagement could encourage increased institutional investments into crypto. Atkins’ approach might catalyze sector growth, reflecting historical trends of market easing under regulatory clarity.