Paul Atkins’ first public event as chairman of the US Securities and Exchange Commission was a Crypto round table on Friday, where the new agency manager set aside his opening speech to ensure the industry that he will continue to re -record securities policy to favor digital assets -innovation.

The Agency and Industry have been waiting for congressional measures to establish crypto-market structure that is likely to set railings, and Atkins told an audience in SEC’s Washington headquarters that the regulator will work to deliver “a rational, fit-for-lung frame” for Crypto.

In response to a question from Coindesk after his speech, however, Atkins indicated that the agency could possibly act to some extent during this wait for new laws.

“It’s always good to have a congress input, and if there’s a statute to back up what we’re doing, I think it’s better,” said Atkins. “But we have plenty of room to maneuver under existing rules and laws.”

Atkins also suggested that he believes that the concept of specialty dealers with special purposes, a slightly used registration, most prominently represented by Prometheum, has been very successful and may have to be reconsidered, and he said the Agency will look at whether custody rules need to be changed to “cope with crypto assets and blockchain technology.”

Atkins appeared earlier at a heavy ringing ceremony earlier this week in the White House, where Trump said “He is the perfect man to lead this agency” at a time when the digital assets sector need legislative clarity, and Atkins said that a “highest priority of my presidency will be to provide a fixed regulatory foundation for digital activities.” But Friday’s event in SEC’s headquarters represented his first full engagement with the public.

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The crypto sector has high hopes for Atkins, although his stand-in in the last few months-commissioner Mark Uyeda-Allte took a number of crucial actions to reverse the regulator’s former crypto-opposite under former President Gary Gensler. As temporary chairman, Uyeda turned or sidelined a number of cryptopolitan efforts that were persecuted under Gensler and have left most of the regulator’s prominent enforcement actions aimed at the industry.

Until now, the industry’s expectations of Atkins’ leadership were based on presumption that is rooted in his experience of counseling and investing in digital assets, especially as his Senate’s confirmation hearing failed to investigate his crypto views.

Atkins had served as an adviser to Crypto devices as the digital chamber and as a board member of the tokenization company Securitize, and his ties to Chain Capital had previously linked him to his investment bars in Big Crypto Companies such as Digital Currency Group (DCG) and Kraken.

Friday’s round table was the third in a series held by the Agency in Crypto Matters, this time focused on custody in the industry. Crypto parenting authority has been a particularly dice topic on the agency, which during the reign of Genslers had tried to approve a policy that demanded investment advisers placed their clients’ digital assets only with certain qualified custodians. Gensler had claimed that the rule was intended to exclude most of the existing crypto platforms as appropriate depotmen, but the effort was put on ice.

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Atkins was asked by journalists about the event sidelines about President Trump’s own crypto interests, and about Trump’s Memecoin, $ Trump, Rane will be credibility from the White House about industrial policy.

“I have no comments on any of it,” said Atkins.