According to @julian2kwan, SEC Chairman Paul S. Atkins delivered a speech titled 'DeFi and the American Spirit' at the SEC’s Crypto Task Force roundtable on June 9, 2025, announcing a significant policy reversal that now fully supports crypto innovation. Atkins emphasized that DeFi aligns with core American values and highlighted regulatory plans to foster a more open, innovation-friendly environment for decentralized finance. This pivot is expected to increase institutional confidence, drive liquidity into leading cryptocurrencies such as BTC and ETH, and potentially spark a new bullish cycle across the crypto market. Source: @julian2kwan.

According to Eleanor Terrett, SEC Chair Paul S. Atkins is scheduled to speak at an A1Policy event at 12:30 PM EST, where he will provide additional details on how the SEC plans to implement recommendations from the recently released White House crypto report. Market participants are closely monitoring this event, as regulatory updates from the SEC often influence short-term price movements and trading volumes in the cryptocurrency market, especially for major assets like BTC and ETH. Investors should pay attention to any announcements regarding compliance frameworks or enforcement priorities, as these could impact market sentiment and liquidity. Source: Eleanor Terrett.

According to The White House, Paul S. Atkins has been sworn in as the new Chair of the U.S. Securities and Exchange Commission (SEC). This leadership change is pivotal for cryptocurrency markets as Atkins is known for his market-friendly regulatory approach. Cryptocurrency traders should monitor potential shifts in SEC policies that may influence digital asset regulations and trading environments.