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Home»Security»Paul Atkins sworn in the 34th sec Chair
Security

Paul Atkins sworn in the 34th sec Chair

April 22, 2025No Comments
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Paul Atkins is the 34th president of the Securities and Exchange American Commission (SEC) after being officially sworn.

Atkins’ position was confirmed during a vote by the US Senate 52-44 on April 9, according to an April 21 announcement.

“I am honored by the confidence and the confidence that President Trump and the Senate have placed me to lead the dry,” said Atkins. “Together, we will work to make sure that the United States is the best and surest place in the world to invest and do business.”

Paul Atkins and Gary GenslerPaul Atkins and Gary Gensler

Paul Atkins expected to lead more dry crypto-friendly than Gary Gensler

Atkins, who was appointed president of the dry by Asset He himself should lead a more friendly crypto dry than the former anti-Crypto president Gary Gensler.

Recent financial disclosure would have has shown that ATKINS has up to $ 6 million in crypto investments. Some of these investments include in the Digital and Securitize Anchorage and Securitize guard platform, a blockchain tokenization platform.

After taking an oath, Atkins will now take over from the President of the SEC, Mark Uyeda, who helped establish a crypto working group within the dry.

The division aims to strengthen the relationship between dry and the main players in the cryptographic industry.

Under the Trump administration, the SECOND has already abandoned a number of high -level crypto cases, including Coinbase, Consensys, Gemini and Uniswap.

RSR tokens overvoltages after the Coinbase list

Before being sworn in as president of the SEC, Atkins had advised several web 3 and blockchain companies.

One of these companies was the reserve protocol. Atkins advised the company in 2019 when it launched its stablecoin, but is no longer a consultant, according to At the CEO of the Nevin Freeman company.

The reserve protocol recently obtained a Coinbase list for its governance token reserve rights (RSR). The US Crypto Exchange leader announced in an article on April 21 x that he will add the token to his Layer-2 network, base. The trade for the token will also start “at 9 a.m. or after PT on April 22,” said the post.

Trading will start at 9:00 a.m. at 9 a.m. on April 22, 2025 if the liquidity conditions are met. Once the sufficient supply of this asset is established, exchanges on our RSR-USD trading pair will be launched in phases. Support to RSR can be limited in certain sustained jurisdictions.

– Coinbase assets 🛡️ (@coinbaseasets) April 21, 2025

The price of RSR increased by more than 13% after the announcement, Coingecko data shows.

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