SEC Nominee Paul Atkins Prioritizes Digital Assets

SEC Nominee Paul Atkins Prioritizes Digital Assets

Paul Atkins, President Donald Trump's nominee for Chair of the Securities and Exchange Commission (SEC), emphasized a pro-cryptocurrency stance during his Senate banking panel confirmation hearing.

Atkins criticized aspects of former SEC chair Gary Gensler's tenure and declared digital assets a top priority. He advocated for a rational regulatory foundation for cryptocurrencies and suggested a shift from the previous administration's approach, which he described as hostile to the industry.

Atkins argued for deregulation to promote investment and capital formation, potentially signaling significant changes in the regulatory landscape for the digital asset sector.

Read more