Dr Sarfraz
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Paul Atkins is the New SEC Boss — and He’s Open to Crypto
Paul Atkins just became the new chairman of the U.S. Securities and Exchange Commission (SEC). He was picked by President Trump and officially took the job on April 21, after the U.S. Senate approved him.
Atkins is no stranger to the SEC — he worked there from 2002 to 2008. In his first statement, he said he’s excited to work with the SEC team to help businesses grow, keep markets fair, and protect investors. He also said he wants to make the U.S. the best place to invest and do business.
Many people think Atkins will be friendlier to crypto than the last chairman, Gary Gensler, who served under President Biden.
Atkins replaces Mark Uyeda, who recently started a “Crypto Task Force” to build better relationships with people in the crypto industry. Under this new leadership, the SEC has already dropped some legal cases against big crypto names like Coinbase, Uniswap, and Gemini.
Atkins had to deal with delays in getting confirmed because he married into a billionaire family, and had to share details about his finances — including millions in crypto-related investments.
Now that he’s in charge, the SEC has over 70 crypto ETF applications to look at this year. That includes projects from big names like XRP, Litecoin, Solana, and even Dogecoin. Experts say it’s going to be a crazy year as companies try to see what the new SEC is willing to approve.
Atkins is no stranger to the SEC — he worked there from 2002 to 2008. In his first statement, he said he’s excited to work with the SEC team to help businesses grow, keep markets fair, and protect investors. He also said he wants to make the U.S. the best place to invest and do business.
Many people think Atkins will be friendlier to crypto than the last chairman, Gary Gensler, who served under President Biden.
Atkins replaces Mark Uyeda, who recently started a “Crypto Task Force” to build better relationships with people in the crypto industry. Under this new leadership, the SEC has already dropped some legal cases against big crypto names like Coinbase, Uniswap, and Gemini.
Atkins had to deal with delays in getting confirmed because he married into a billionaire family, and had to share details about his finances — including millions in crypto-related investments.
Now that he’s in charge, the SEC has over 70 crypto ETF applications to look at this year. That includes projects from big names like XRP, Litecoin, Solana, and even Dogecoin. Experts say it’s going to be a crazy year as companies try to see what the new SEC is willing to approve.
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