John Deaton, a pro-XRP lawyer, has suggested four key reforms for the new U.S. SEC Chair, Paul Atkins, aiming to enhance the regulatory environment for cryptocurrencies. Deaton has been a vocal critic of Gary Gensler's leadership at the SEC and seeks greater transparency at the agency.
Deaton believes these reforms are vital for fostering a healthy and transparent approach towards the cryptocurrency industry. As an advocate for clearer regulation, he proposes changes to facilitate better communication and understanding between the SEC and crypto market participants.
Deaton's emphasis on improved SEC transparency highlights the need for clarity and fairness in the regulatory process. His recommendations are designed to ensure that new policies will be more beneficial for industry stakeholders and investors alike, facilitating the growth and stability of the crypto market.