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SEC Chairman Atkins stated that the SEC is committed to establishing a comprehensive regulatory framework for cryptocurrency and will continue to promote the provision of a common sense and comprehensive cryptocurrency market structure for the United States. On September 15th, the Digital Asset Market Clarity Act failed to pass in the Senate, shifting the policy focus to federal regulatory agencies using their existing powers to provide clarity. During Atkins' tenure, the SEC announced temporary regulatory exemptions to relax some tokenized stock trading and emphasized the need for more rule making to build a sustainable framework. Patrick Witt, Executive Director of the White House Encryption Committee, has resigned. (Source: U. Today)