The U.S. Securities and Exchange Commission (SEC) under Chairman Paul Atkins, appointed during President Donald Trump's administration, is shifting its approach to cryptocurrency regulation. The agency plans to manage crypto oversight through "notice and comment rulemaking" rather than the previous administration's enforcement-driven tactics. This marks a retreat from the Biden administration's more cautious stance on digital assets. Despite this regulatory easing, the SEC faces challenges from emerging yield-chasing crypto funds, which expose unresolved gaps in the regulatory framework. Major lawsuits and investigations against crypto firms have been dropped or ended, reflecting the SEC's more neutral position on the industry. The SEC is set to hold a roundtable on crypto regulation on June 9, featuring industry representatives such as Erik Voorhees and Rebecca Rettig.