
Paul Atkins Set to Take Over SEC Chair In Next 2 Days – What This Means for Crypto
The U.S. Securities and Exchange Commission (SEC) is on the cusp of a leadership change, with Paul Atkins poised to assume the role of chairman within the next two days. According to reports, the Senate has scheduled a critical vote that could expedite Atkins’ confirmation process.
Atkins, who has previously served as an SEC commissioner, is known for advocating policies that promote financial growth and innovation. His tenure would mark a significant shift in the regulatory landscape, particularly in the crypto space.
In contrast to his predecessor Gary Gensler’s enforcement-heavy approach, Atkins is expected to take a more accommodating stance on cryptocurrency-based products. This could pave the way for the approval of long-awaited ETFs for assets such as XRP, SOL, and Dogecoin.
Source: https://coinpedia.org/news/paul-atkins-set-to-take-over-sec-chair-in-next-2-days-what-this-means-for-crypto/