The new SEC Chairman Paul Atkins has outlined fresh goals for the crypto industry under his leadership. In his testimony before the United States Senate Appropriations Subcommittee on June 3, 2025, the newly appointed chairman of the Securities and Exchange Commission (SEC) laid out his intention to establish a clear and comprehensive regulatory framework for … Read more
Atkins replaces Gary Gensler, who was notorious for his tough stance against cryptocurrencies. During his tenure, Gensler frequently denounced altcoins and closed several crypto-related exchange-traded fund (ETF) proposals. In his first statement as chairman, Atkins thanked President Trump and the Senate for their trust. He promised to focus on making the US a safe and … Read more
Atkins, who sat on the SEC from 2002 until 2008, lamented the current regulatory ambiguity. He emphasized that new rules that would be effective, fair, and within the SEC’s authority were necessary. His cause is to steer the agency back to its core mandates—protecing investors, enjoying fair markets, and encouraging capital growth. Senator Tim Scott, … Read more