Paul Atkins, nominated by Trump, has been sworn in as SEC chair
21 Abril 2025 - 8:53PM
Cointelegraph
Paul Atkins has officially been sworn in as the 34th chairman of
the Securities and Exchange Commission.
The April 21 announcement
comes nearly two weeks after Atkins’ position was confirmed by the
US Senate in a 52-44 vote on April 9.
“I am honored by the trust and confidence President Trump and
the Senate have placed in me to lead the SEC,” Atkins said in a
statement.
“As I return to the SEC, I am pleased to join with my fellow
Commissioners and the agency’s dedicated professionals to advance
its mission to facilitate capital formation; maintain fair,
orderly, and efficient markets; and protect investors.”
Atkins is widely expected to lead a more crypto-friendly SEC than
former chair Gary Gensler under the Biden administration.
Atkins also previously served as an SEC commissioner between 2002
and 2008 under former President George W. Bush.
His confirmation was reportedly delayed due to additional
financial
disclosures that he needed to file as a result of marrying into
a billionaire family.
Some of those financial disclosures reportedly
revealed that Atkins owned up to $6 million worth of crypto-related
investments, including crypto custody platform Anchorage Digital
and blockchain tokenization platform Securitize.
The announcement means Atkins has effectively taken over from
acting chair Mark Uyeda, who has helped the SEC establish a
Crypto Task
Force to strengthen rapport between the agency and industry
players over the last few months.
The securities regulator has also dismissed several high-profile
crypto-related investigations and enforcement actions undertaken by
the Gensler-led SEC, including cases involving Coinbase, Consensys,
Gemini and Uniswap.
Related:
Crypto industry is not experiencing regulatory capture —
Attorney
Magazine:
SEC’s U-turn on crypto leaves key questions
unanswered
This is a developing
story, and further information will be added as it becomes
available.
...
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Paul Atkins, nominated by Trump, has been sworn in
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