Cripto-Friendly Paul Atkins swore as US chairman

In a large change of management that can change the position of the agency on crypto and digital property, Paul S. Atkins formally took over his position as 34. the Chair of the US Securities Commission and the exchange of the United States.

The sworn was officially confirmed 21. April announcement by sec. Atkinni named President Donald Trump 20. January and confirmed by the Senate earlier this month.

Atkins returns to SEC after previously served as a 2002 commissioner. Until 2008. under President George V. Bush. He recently ran global partners in Patomax, a recharatory consulting company and advised several blockchain and Fintech Startup.

He also chaired the Alliance token and served as a professional witness in relation to the crypt. The area of ​​ethics show Atkins and his wife in total assets of $ 327 million and $ 588.8 million, including $ 6 million in digital assets. Before his confirmation, he held roles in digital, securitize 5 million LP interest from $ 5 million from the capital of the chain, and it all agreed to give up.

“He respected my president of trust and confidence Trump and Senate put into me to take SEC,” Atkins said in the statement. “We will work together to ensure that the United States be the best and safest place in the world to invest and operate.”

During his confirmation of the Senate in March, Atkins criticized the previous Sec Administration under Gary Gensler due to vague and overly aggressive towards the crypto industry. It has been advocated to reduce political interference, promotes clear regulations on digital means and support capital formation.

Industry observers believe that the guidance of Atkins marks a large turning point in SEC politics away from actions directed to executive and to a clearer regulatory environment. With Atkins at the forehead, expectations are high for faster approved funds traded, friendly rules for token publishers and cooperative access to crypto control.

His psovina comes in the middle of reports These main crypts of companies such as coinbase, circle and Pakos, allegedly prepare to apply for American banking permits, encouraged by large sources to a more favorable environment in Washington. Several ETFs apps They also await the approval of the sector.