PaulAtkins

The U.S. crypto scene is getting a fresh wave of optimism after years of legal battles. On August 7, the long-running lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) officially came to an end — and the reaction from new SEC Chair Paul Atkins suggests this could be the start of a major shift in U.S. digital asset regulation.

A Pro-Crypto SEC Chair
Paul Atkins, known among crypto investors for his favorable stance toward technology, called the end of the Ripple case “an opportunity to shift energy from the courtroom to the policy drafting table.” In a post on X, he agreed with SEC Commissioner Hester Peirce, who described the verdict as a welcome step.
“With this chapter behind us, we now have the opportunity to focus on building clear rules instead of endless litigation,” Atkins wrote — marking a clear departure from the era of former SEC Chair Gary Gensler, which was characterized by aggressive enforcement actions against the crypto industry.

What’s Next?
Atkins suggested that the SEC should now focus on developing a transparent regulatory framework for digital assets that protects investors while supporting innovation. This could also include alignment with recent moves by the U.S. government, such as Donald Trump’s executive order related to 401(k) investments.
However, Atkins acknowledged that the path to balanced regulation won’t be easy. It will require cooperation between regulators, lawmakers, and investors and crafting rules that won’t stifle the growth of this dynamic sector. Still, significant progress could be made in the coming years — especially since the SEC’s approach to cryptocurrency has shifted considerably from the past.

A Symbolic Moment for Crypto
Experts say Ripple’s victory over the SEC has much deeper significance than just the legal outcome itself. It has become a symbol of a potential turning point in the U.S. regulatory environment and could serve as a key precedent for other companies in the industry.
For investors, it means not only relief after years of uncertainty but also hope that future rules will be more innovation-friendly. As Atkins suggested, now is the perfect time to launch a new era of regulation that won’t suffocate the crypto industry but instead allow it to thrive.

#PaulAtkins , #SEC , #Ripple , #Cryptolaw , #CryptoNews

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Paul Atkins has unveiled fresh plans at the SEC Crypto Roundtable to turn the US into the crypto capital of the world.
US SEC Chair Paul Atkins has revealed ambitious plans to create a rational regulatory framework for cryptocurrencies under his tenure.

Atkins delivered a keynote speech at the SEC Crypto Roundtable, confirming the start of a "new day" for the securities watchdog.
Paul Atkins Unveils Regulatory Direction at SEC Crypto Roundtable
The SEC's new chair, Paul Atkins, has announced plans to change the direction of regulatory enforcement by the securities agency.

According to a keynote address at the SEC Crypto Roundtable on Tokenization, Atkins is committed to advancing a clear regulatory framework, with the goal of making the U.S. the crypto capital of the world.
Going forward, the new SEC chair says the commission will abandon its 'shoot-first-and-ask-questions-later approach' in favor of crystal clear regulations.

The roundtable meeting comes on the heels of an SEC meeting with BlackRock that revolved around tokenization and staking. During the meeting, he said:
It's a new day in the SEC. Policy making will no longer result from ad hoc enforcement actions.
Atkins noted at the SEC Crypto Roundtable that his tenure on the commission will prioritize stronger rules for cryptocurrencies in three major areas – issuance, custody, and trading.

Amid signs of an avalanche of regulations, the SEC is considering a possible tokenization exemption for cryptocurrency service providers.
New Rules for Cryptocurrency Custody and Trading
As the SEC Crypto Roundtable gets underway, Paul Atkins’ speech hints at a wave of new regulation set to change the cryptocurrency landscape.

For starters, the SEC has the issuance of crypto assets firmly in its sights and will be enacting new regulations to provide clarity.
Second, Atkins noted that the SEC will provide regulatory clarity for a qualified custodian while committing to update the custody rules.

Additionally, Paul Atkins notes that a broker-dealer's rules may need to be updated in light of perceived restrictions on custodial services.
"Additionally, it may be necessary to repeal and replace the special-purpose broker-dealer framework with a more robust system," Atkins said.
Finally, Paul Atkins revealed plans to improve existing rules around trading cryptocurrencies during the SEC Crypto Roundtable.

Going forward, broker-dealers will offer securities and non-securities in a single super app.
Atkins notes that the ATS regulatory regime will accommodate cryptocurrencies in the near future.

In his SEC Crypto Roundtable keynote address, the SEC Chair hinted at the potential for cryptocurrencies to be traded on national securities exchanges.
Since Paul Atkins took over, excitement among market participants has been at an all-time high, with the SEC wrapping up its long-running lawsuits against service providers.

The Commission has filed a settlement agreement letter in the Ripple SEC case, bringing the five-year-old case to a close.

#SEC #PaulAtkins #USCrypto #CryptoNewss #Market_Update

Coinbase’s Chief Legal Officer Paul Grewal has voiced strong support for Paul Atkins, the incoming U.S. Securities and Exchange Commission (SEC) chair nominee, who has pledged to prioritize regulatory clarity in the crypto industry. Grewal welcomed Atkins’ stance, describing it as a much-needed shift that could benefit both innovation and financial markets in the United States.T he remarks came after a Senate Banking Committee hearing evaluating Atkins' nomination, where the nominee emphasized his commitment to establishing a transparent regulatory environment for digital assets. Grewal, who attended the hearing in person, highlighted key statements made by Atkins and Comptroller of the Currency nominee Jonathan Gould on the social media platform X.
SEC’s New Direction: Crypto at the Forefront
Atkins, who has been a long-time advocate for free markets, stressed that his leadership would prioritize providing structured and workable regulations for cryptocurrencies. He believes that clearer guidelines will help unlock U.S.-based innovation, open new markets for investors, and solidify America's global leadership in financial technology.
Grewal acknowledged Atkins' commitment, stating:
“Getting workable rules and regulatory clarity for crypto will unlock U.S.-based innovation, new markets for investors, and benefit American consumers and America’s position as a global technological and economic leader.”
Ending Debanking & Strengthening Financial Inclusion
Another major point of discussion at the hearing was the controversial practice of debanking, where crypto-related companies and underserved communities have struggled to access banking services. Both Atkins and Gould expressed a firm stance on ending this practice and returning the SEC to its foundational mission—protecting investors and fostering fair markets.
Grewal commended this approach, stating that Atkins’s leadership would be a “breath of fresh air” at the SEC, promising a more open and collaborative regulatory environment. He also expressed anticipation for Atkins's official confirmation by the Senate.
Atkins's Vision for the SEC Under the Trump Administration
Atkins linked his focus on crypto regulations to broader economic goals aligned with the Trump administration’s vision. He stated:
“A top priority of my chairmanship will be to work with my fellow commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach.”
He also reaffirmed his commitment to ensuring that the U.S. remains the best and most secure place for investments:
“Should I be confirmed, my goal will be to ensure that the United States is the best and most secure place in the world to do business and for Americans to invest their hard-earned dollars to save and provide for their future.”
Industry Response: Positive Outlook for Crypto Regulation
Coinbase has been at the forefront of pushing for clearer crypto regulations in the U.S. and has often clashed with the SEC over its past enforcement-first approach. With Atkins’ nomination, the crypto industry sees renewed hope for a regulatory framework that encourages growth instead of stifling innovation.
As Atkins awaits confirmation, crypto advocates and businesses are closely watching whether his leadership will indeed bring the long-awaited regulatory clarity that the industry has been calling for.
The post appeared first on CryptosNewss.com
#PaulAtkins #PaulGrewal #SEC $BTC

The U.S. Senate has officially confirmed Paul Atkins as the new Chairman of the Securities and Exchange Commission (SEC) following a 52–44 vote, largely along party lines. As a known crypto-friendly figure and Trump’s favored nominee, his appointment is stirring strong reactions across financial and crypto circles.

🧑‍💼 From Wall Street to Washington: Who Is Paul Atkins?
Atkins is no newcomer to financial regulation. He served as an SEC commissioner from 2002 to 2008, including during the global financial crisis. After leaving office, he founded Patomak Global Partners, a financial advisory firm focused on compliance and risk management.
He’s also well-known in crypto circles as the co-chair of Token Alliance, a major digital asset advocacy group, which he led from 2017 through 2024.

🔁 Changing of the Guard: Gensler Out, Atkins In
Atkins replaces Mark Uyeda, who has served as acting SEC chair since January following Gary Gensler’s resignation. Gensler’s tenure was marked by a wave of lawsuits and crackdowns against crypto companies.
Atkins, by contrast, told the Senate during his confirmation hearing that his top priority will be to “build a rational, stable regulatory framework for digital assets.” This signals a major policy shift, offering a glimmer of hope to the embattled crypto sector.

🏛️ White House and Senate in Sync: A Return to Pro-Crypto Policies
Senate Banking Committee Chair Tim Scott praised Atkins' confirmation, saying the new SEC head is expected to revive the crypto-friendly stance seen during Trump’s earlier term.
Under Trump, the SEC established a Crypto Task Force to work with industry leaders on regulatory guidelines. Several investigations were paused, and the agency adopted a more cooperative tone with blockchain startups.
“Atkins will bring regulatory clarity to digital assets and help ensure U.S. competitiveness on the global stage,” Scott said.

💸 Financial Disclosures Delayed the Vote
Atkins’ confirmation was delayed due to mandatory financial disclosures, which revealed his ties to a billionaire family.
In 1990, Atkins married Sarah Humphreys Atkins, heiress to TAMKO Building Products LLC, which reported $1.2 billion in revenue in 2023. According to Forbes, the couple has a combined net worth of at least $327 million.
Notably, his filings revealed crypto-related investments worth up to $6 million, including stakes in Anchorage Digital (a crypto custody platform) and Securitize (a tokenization platform).

🔮 What to Expect from Atkins?
Atkins enters the SEC with deep experience, strong ties to Wall Street and the crypto world, and a clear mission:
“To create a predictable and principled regulatory foundation for the digital economy.”
For crypto projects and investors, this could mean the end of regulatory confusion – and the beginning of a new era where the SEC is seen not just as an enforcer, but also as a partner in shaping the future.

#SEC , #PaulAtkins , #CryptoNewss , #USGovernment

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins emphasized the need to strike a careful balance between firm regulatory enforcement and fostering innovation in the crypto space. Speaking on CNBC’s “Squawk Box” Wednesday morning, Atkins reaffirmed the SEC’s commitment to protecting investors, preventing fraud, and maintaining fair and orderly markets.
Atkins addressed concerns regarding coordinated trading activities on platforms like Telegram and Signal, especially in the context of crypto tokens. One notable example mentioned was “Sorkin Coin,” a satirical meme token that briefly achieved a market cap in the hundreds of millions despite its parody origins.
“Fraud is fraud, regardless of the technology behind it,” Atkins said. He also acknowledged that some SEC actions might have inadvertently stifled innovation in the crypto industry. “We understand we are sometimes seen as an obstacle, but our goal is to maintain balance,” he added.

Video here: https://www.youtube.com/watch?v=bnXGWBa7u2k&t=6s

🔹 Congress, Trading, and Transparency

Atkins also responded to questions about SEC’s oversight of congressional stock trading. While the STOCK Act was passed to improve transparency, enforcement remains a challenge. He noted that the SEC receives thousands of whistleblower tips and takes each one seriously.

🔹 Modern Disclosure and Fair Access

With the evolving nature of how companies release information—ranging from press releases to podcasts and social media—Atkins stressed the importance of ensuring fair access for all investors. “It’s up to the issuers to guarantee that information reaches everyone fairly,” he said.

🔹 Private Credit Markets: A Word of Caution

A key issue in the interview was the growing pressure to allow retail investors access to private credit markets. Atkins warned that less sophisticated investors might end up holding “the worst credits” that institutions have already rejected. He indicated that the SEC is considering revising its criteria for accredited investors to ensure better protection.
“Given the ongoing evolution of private markets, having strong safeguards in place is more critical than ever,” Atkins concluded.

#SEC , #PaulAtkins , #Regulation , #CryptoInnovation , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“