Main to remember
- Paul Atkins was sworn in as 34th President of the SEC by President Trump.
- Atkins provides significant experience in digital assets and dry financial markets.
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Paul Atkins, appointed by President Trump to preside over the American Securities and Exchange Commission, was officially sworn in on April 21. A recognized supporter of crypto and financial innovation, Atkins assumes the role of the 34th president of the SEC, as confirmed by the agency.
“I am honored by the confidence and the confidence that President Trump and the Senate have placed me to direct the dry,” Atkins said in a statement. “While I come back to the dry, I am happy to join my colleagues commissioners and dedicated professionals from the agency to advance its mission to facilitate capital training; Maintain fair, ordered and effective markets; and protect investors. “
Atkins previously promised to establish clear regulatory guidelines for digital assets if confirmed. In the testimony of the Senate last month, he declared that he would favor a “rational, coherent and principle” framework to promote innovation and reduce the uncertainty of the market.
The President of the SEC also said that ambiguous rules are hindering growth and have promised to focus on the protection of investors, depoliticize regulations and ensure smart and effective monitoring.
Before his appointment, Atkins was general manager of Patomak Global Partners, a company he founded in 2009, where he helped develop best practices for the digital asset sector. He was also independent director and non -executive president of Bats Global Markets, Inc. from 2012 to 2015.
Atkins previously was SEC commissioner from 2002 to 2008 under President George W. Bush, pleading for transparency, consistency and cost-dispatches analysis. He represented the SEC of the president’s working group on the financial markets and the United States Transatlantic Economic Council.
From 1990 to 1994, Atkins worked on the staff of the presidents of the Sec Richard Breeden and Arthur Levitt as chief of staff and advisor. He started his career as a lawyer in New York, focusing on business transactions, including securities and mergers and acquisitions.
What to expect the dry under Atkins
Under Atkins, the dry is about to continue its passage from the aggressive style of application established under former president Gary Gensler to a more measured approach and adapted to business.
The construction of a clear set of rules for digital assets will be one of the main priorities of the agency. In the months preceding the confirmation of Atkins, acting president Mark Uyeda had already started to withdraw regulations and abandon several proceedings against cryptographic companies.
Atkins clearly indicated that he wanted the policy to be away from the application of securities laws, emphasizing the protection of investors against fraud. All the signs indicate a dry atkins which aims to protect investors thanks to the smarter and more targeted application while encouraging innovation in the financial markets.
Crypto lovers are optimistic that, under the leaders of Atkins, the SEC will evolve more quickly in the approval of the FNB linked to the crypto.
Currently, 72 of these FNBs – linked to assets ranging from XRP, Litecoin and Solana to more conventional offers such as Penguins and Melania – await regulatory decisions, according to the analyst of Bloomberg ETF, Eric Balchunas.
There are now 72 ETFs linked to cryptography sitting with the dry awaiting approval to list or list the options. Everything, from XRP, Litecoin and Solana to the Penguins, Doge and 2x Melania and everything else. Will be a wild year. Big tournament @Jseyff pic.twitter.com/ihtqqxeh35
– Eric Balchunas (@ericbalchunas) April 21, 2025
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