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Home»Security»Pro-Crypto Paul Atkins confirmed the new president of the dry
Security

Pro-Crypto Paul Atkins confirmed the new president of the dry

April 10, 2025No Comments
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The US Senate confirmed that the choice of US President Donald Trump, the Pro-Crypto Paul Atkins, will be president of the Securities and Exchange Commission (SEC) during a vote of 52-44.

“Veteran of our committee, we are impatiently waiting for him to join us, as well as our dedicated staff, to fulfill our mission on behalf of the investment public,” wrote the dry in an April 9 on April 9 statement After the former Wall Street consultant confirmation April 9.

Paul Atkins

Paul Atkins to direct the dry in crypto-friendly era

Atkins was the SEC commissioner between 2002 and 2008, during the global financial crisis. He then discovered the consulting firm Patomak Global Partners, whose customers included banks, crypto exchanges and decentralized financing platforms (DEFI).

President Pro-Crypto Trump appointed Atkins for the president of the dry at the end of last year. Its confirmation should inaugurate the dry in a new crypto-friendly era following the anti-Crypto regime led by former president Gary Gensler.

I am happy that Paul Atkins is confirmed as president of the dry. I sat with Mr. Atkins to discuss digital asset legislation, empowering the future of Wyoming Blockchain and implementation of reforms in the regulatory regulatory process. I am convinced that his leadership will bring a positive change. pic.twitter.com/1cpgrnjsrg

– Senator Cynthia Lummis (@Enlummis) April 9, 2025

Atkins has already declared during a testimony prepared during a hearing of the Senate banking committee last month that he would create a regulatory framework for digital assets an “absolute priority”.

The president of the Republican senatorial banking committee Tim Scott is also convinced that Atkins will run the dry on a new path. During an audience last week, Scott said that under the direction of Atkins “the dry will return to its main mission and guarantee that our markets remain the desire for the world”.

Democrats raise red flags on Atkins’ ties with FTX

Not everyone is satisfied with Trump’s decision to type Atkins for the president of the dry. Several Democrats, including Senator Elizabeth Warren, have criticized the choice due to Atkins’ ties with FTX exchange, now disappeared.

Ftx was would have Customer of Patomak Global Partners and was signed as an advisor at the beginning of 2022, only a few months before the FTX deposit in the record at the end of 2022 and PDG Sam Bankman Frit was found guilty of seven criminal charges in 2023.

“He has spent his post-government career to help billionaire crooks like CEO Sam Bankman Fried would get even more enriched,” said Senator Warren said in an audience last week.

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