SEC Chair Paul Atkins has stated that the agency needs to continue embracing tokenization. The comments were highlighted by Securitize, suggesting a potentially favorable regulatory stance towards blockchain-based financial assets under his leadership. This statement aligns with broader industry expectations. In a live interview, he also predicted that the Bitcoin market structure bill is expected to pass soon. [Update 1] The SEC subsequently convened a meeting to discuss the regulation of asset tokenization, where a clear divide emerged. Traditional financial institutions like Citadel advocated for strict definitions of intermediaries in decentralized protocols. In contrast, Coinbase and crypto-native participants opposed such rigid classifications, emphasizing the need to review specific rule discrepancies hindering adoption. Chair Atkins reiterated that the agency should focus on creating compliance paths for tokenization growth.