Finance News

From a doctorate in jurisprudence to the encryption holder, the new SEC Speaker Paul Atkins enters

Author: Deep Tide Techflow

Trump’s extremist introductory policy has sparked a storm in the global market, with encrypted currencies such as searching for bitcoin from the direction amid violent fluctuations.

In the midst of tremendous uncertainty, some good news appears to have appeared.

On April 9, the US Senate Paul Atkins, as a new head of the Securities and Stock Exchange Committee (SEC), confirmed a vote from 52 to 44.

As an organizer known for supporting innovation and free markets, the Crypto community looks at the assignment of ATKINS as a potential transformation point in SEC’s position towards encryption assets.

It has clearly stated that creating a clear regulatory framework for digital assets will be his maximum priority, in contrast to his strong enforcement style, Gary Ginsler.

The encryption market is often described by the organizers as the “wild West”, with frequent tensions between the organization and industry.

However, Atkins may re -contemplate the hopes of more friendly and cooperative organizational environment.

At this moment of interlocking disorders and opportunity, the upcoming Aquins moves are extremely expected.

This new president, who started as a lawyer in Wall Street, held the position of SEC Commissioner, and is now in depth in the area of ​​digital assets, may bring the long -awaited clarity in the rules.

The answer may lie in his background.

Young city youth, doctorate in law

Like most people, this new president was initially a young man from a small town.

The story of Paul Atkins begins in a small town in the southeastern United States. He was born in Siellington, North Carolina, and he spent his childhood and teenage years in Tamba, Florida, a sunny city that set a solid basis for his life.

In 1980, Atkins graduated from Wouford College with a Bachelor’s degree in Literature, and got a place in the Fay Beta Kapa Association, honoring the brothers of Kaba Alpha, and offered his double talents in academics and social life.

Three years later, he obtained a doctor’s degree from Vanderbilt College, where he worked as a great student in writing a student in the Vanderllet review of the law.

This student’s role may be the starting point for his legal and regulatory thinking, as the focus is cultivated on strict legal and mental details.

It has been described as “calm but decisive.” This characteristic stems from the humility of the small city life and includes a deliberate exploration of the logic behind the rules, which is a distinct aspect of his personality.

Atkins came out of the small town of Tamba, completed his transformation from a student to a professional, embodied the basis for southern youth and the courage of the dreamer.

From the lawyer to the organizer

Paul Attins began in the legal stage in New York.

After graduating from the Faculty of Law in 1983, he joined Davis Polk & Jordan, a major law firm known for corporate transactions.

He focused on legal issues in securities and financial sectors at the New York headquarters, where he was later appointed to the Paris office for two and a half years, where he obtained the qualification of the French legal advisor (Conseil Juridique) in 1988.

This international experience was subjected to the complexities of the financial organization across the border, and to collect valuable experience for its future work in the Supreme Education Council.

In the nineties of the last century, he returned to the United States to assist financial services companies in the SEC regulations and participated in the wake of the Bennett case of financing, a billion -dollar Bonzi scheme of his most prominent capacity to manage crises.

General records indicate that it increased the value of shares for the remaining investors of the company by about 2000 % through the stability of financial affairs and operations, as well as rebuilding and expanding the scope of business.

On July 9, 2002, the ATKINS career path reached a high point when he was appointed by President George W. Bush’s Commissioner for Securities and Stock Exchange, working until August 1, 2008.

In the early years of his career, he held the position of Chief of Staff and Adviser to SEC Richard C. Praidin and Arthur Levit.

He became known for his support for the principles of free market and limiting organizational burdens, saying in a 2007 speech, “The Supreme Education Council should not push investors abroad through heavy organization.”

After leaving the Securities and Stock Exchange Committee in 2008, ATKINS PATOMAK Global Partners, a consultant financial services consultant based in Washington, DC and New York, with a focus on organizational compliance and corporate governance advice.

During this time, he served several times as an independent compliance consultant for enforcement settlements that include agencies such as the Ministry of Justice, SEC and CFTC. From 2012 to 2015, he held the position of independent director and chairman of Bats Global Markets, a trading platform for electronic securities that were subsequently obtained by Exchange Board Options (CBOE).

His personal life also settled during this period, as he and his wife, Sarah Humphrez Atkins, raised three children together. Sarah is an important donor to the Republican Party, with a total of more than $ 9.9 million (Paul S. Atkins – Wikipedia).

From the lawyer to the SEC Commissioner to Power in the field of consulting, ATKINS job journey reflects his deep understanding of financial organization, and he set a strong basis for his return to SEC’s presidency in 2025.

Acknowledging by Trump, the owner of encryption also

Paul Atkins accumulated in the financial organization to the digital borders with the emergence of encrypted currencies.

Since 2017, he held the position of co -chair of the symbolic alliance of the digital room, as he led this industrial initiative alongside former CFTC Chairman James New Tiros.

Token Alliance aims to create best practices for issuing and trading digital assets, with important results, including “Understanding digital symbols: market overview and policymakers and practitioners”. This report provides an overview of the laws of the digital symbol in five countries and analyzes trends in the symbolic economy, with the aim of strengthening responsible governance and reducing fraud.

His personal investments highlight his support for digital assets.

On March 25, 2025, the Fortune Magazine revealed that Atkins has up to $ 6 million of encryption assets, including shares or other investments in Marsa and the distinctive symbol symbol, although it does not carry Bitcoin.

These investments show his confidence in the ecosystem for encryption, but also sparked controversy. On March 26, 2025, Senator Elizabeth Warren questioned the conflict of potential interests;

Atkins answered that these assets reflect his optimism about technology capabilities instead of speculative intentions, which seem to some extent like your friend’s encrypted tone that expresses his position in the encryption community.

Regarding organizational philosophy, Atkins also sought to determine a clear path for the encryption industry.

For years, ATKINS has constantly stated that it supports the most clearer currencies organization to avoid suffocation of innovation or the imposition of unnecessary censorship. He also criticized the Dodd-Frank Act, which was launched after the 2008 financial crisis to control large American banks.

Last December, President -elect Trump stated the truth that Atkins is a “recognized” recognized “organizational leader” who realizes that digital assets and other innovations are decisive to make America greater than ever. “

Iron fist versus comprehensiveness: patterns of two chairs

If you look back on historical information, you will see that Paul Attins and Gary Ginsner are clearly different two different tracks to organize the Celipple coins.

Jinsler was nominated by President Joe Biden on April 17, 2021, as Chairman of the Securities and Stock Exchange Committee, in reference to the encryption market as the “Wild West” and confirms a difficult list to protect investors from fraud and market manipulation.

During his term, the Supreme Education Council approved the first contracts of Bitcoin ETF on October 15, 2021, but he remained cautious about the investment funds circulating in the immediate bitcoin during the start of enforcement procedures against many encryption companies, such as the lawsuit against Genesis and Griving to issue unregistered securities in January 2023.

On the other hand, ATKINS was nominated by Trump on April 9, 2025, and confirmed a vote from 52 to 44, which led to a more comprehensive organizational philosophy.

In Podcast in February 2023, he said: “If the Supreme Education Council is more comprehensive and can deal directly with these [crypto] Companies, I think things that happen in the United States will be better from abroad. “

This position continues to support free markets during his period as the Securities and Stock Exchange Commissioner (2002-2008). His work with the symbolic alliance and its investment, which reaches $ 6 million of encryption assets, indicates his tendency to understand and support the development of industry.

The organizational philosophies of the two men are a flagrant contrast.

Gensler focuses on protecting investors, tends to see most symbols as securities, and gives priority to implementation; While Atkins calls for clear rules, stressing cooperation with the industry, and may enhance the classifications of the most accurate assets.

Jinsler’s harsh position has sparked dissatisfaction with this industry, as Coinbase has publicly criticized his “organizational Ghamo”; Atkins was welcomed, as Coindsk described it as a “victory for the encryption industry”.

From iron grip to totalitarianism, this clash indicates a significant shift in the organizational direction of SEC.

For repetition, the new SEC Chairman, when he takes office, explained that creating a comprehensive regulatory framework for digital assets is a top priority; Based on his experience with the distinguished alliance and investments in companies such as Anchorage and SUCURITIIII, he may pressure the clarification assets that make up securities, simplify the process of recording the issuance, and create a more suitable environment for encrypted financial products.

With optimism, this framework may end the long -term organizational ambiguity, which may lead to a penetration in the approval of the investment funds circulating in the immediate bitcoin.

However, in light of the perception that Trump is working unexpectedly and looking at the encryption industry as a tool, it remains unintentionally the number of useful measures that the ENC chairman can take.

Regardless of the result, its organizational plan will become a pivotal point for the encryption industry. The first steps for this new president may determine the next decade of encrypted currencies in the United States and the world.

Chaincatcher reads readers with a rationality of Blockchain rationally, enhances awareness of risks, and is wary of various virtual and speculation versions. All content on this site is only market information or relevant parties ’views, and do not form any form of investment advice. If you find sensitive information in the content, please click “Report”, and we will deal with it immediately.

https://www.chaincatcher.com/upload/image/20250410/1744269830551-464471.webp

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button