How Paul Atkins is Redrawing the Rules of the Game in the Crypto Market As the new head of the SEC, Paul Atkins, advocates for digital currencies, the official announcement as the new Chairman of the U.S. Securities and Exchange Commission (SEC). This news is not just normal, but could be a turning point in the administration's management of the crypto market, as Atkins is known for his clear support for digital innovations, and his organization is expected to lead a wave of popular initiatives, ending the era of ambiguity that the industry has experienced. What is the new key experience? - Previously served as a Commissioner at the SEC (2002-2008). - Founded a consulting firm working with crypto exchange platforms, banks, and DeFi technologies. - Believes in balancing the market with investor protection, which the market needs now. What could this mean for investors and followers? - Greater stability: clearer regulatory thought = higher investment flow - New opportunities: could open the door for broader acceptance of optional crypto. - End of the era of confusion: with aggressive policy strategies, we may witness a recovery for targeted projects. Notable positions of Atkins:
1️⃣ Atkins announced that he will establish a digital legal framework to be a "priority option," unlike his predecessor Gary Gensler who engages in "regulation through partnerships."
2️⃣ Since Gensler's departure in January, the SEC has revoked major accounting guidelines and halted legal pursuits against major entities in the market#
3️⃣ A special working group for crypto – led by Hester Peirce (nicknamed "Crypto Mom") – is inviting experts to regulatory ideas, and what it means for any currencies that are not securities. What could this mean for investors and followers? - Greater stability: clearer regulatory thought = higher investment flow - New opportunities: could open the door for broader acceptance of optional crypto. - End of the era of confusion: with random policy strategies, we may witness a recovery for targeted projects. Share the post and write in the comments: What do you expect from Paul Atkins? Do you think 2025 will be the year of crypto?
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