On April 9, 2025, the U.S. Senate confirmed Paul Atkins as the new chairman of the Securities and Exchange Commission (SEC) with a vote of 52 to 44. This appointment not only marks a change in SEC leadership but may also signal a significant shift in digital asset regulatory policy. According to The Block, Atkins was nominated by Trump and is known for his pro-cryptocurrency stance, promising to prioritize the establishment of a clear regulatory framework for digital assets.