📜 Breaking: "Crypto-Messiah" Paul Atkins has taken over the SEC.

🎩 Yesterday, April 23, the gentleman with a personal bag of $6 million in coins sat in the chair of the regulator's chief to... regulate coins. What a delight of self-service! 🙃

• Atkins led the SEC before the crisis and resigned shortly before the collapse. Later, he criticized the post-crisis reforms, considering them excessive.

• He blamed the U.S. government for the FTX collapse, claiming that "vague rules provoked chaos." Because of this, many believe that Atkins' overly lenient approach may provoke an increase in fraud.

The commission also needs to consider 72 applications for launching spot exchange-traded funds (ETFs) based on altcoins. Atkins may expedite this process.

📌No one knows how it will all actually be 🤷‍♀️. But I think 🤔 the road will be traversed by those who walk it.