• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Paul Atkins to Lead SEC, Replacing Gary Gensler

user avatar

by Giorgi Kostiuk

3 months ago


Paul Atkins is set to become the new head of the U.S. Securities and Exchange Commission (SEC), replacing Gary Gensler. This appointment raises questions about the future regulation of cryptocurrencies.

Appointment of Paul Atkins

President-elect Donald Trump has chosen Paul Atkins as the new chair of the SEC. Atkins is deeply connected to conservative financial circles in Washington and is known for his pro-crypto stance.

Atkins' Vision for the Crypto Industry

Atkins, who has worked with the Digital Chamber of Commerce, is expected to be an advocate for the crypto industry. Under his leadership, companies like Coinbase and Ripple may see a less aggressive regulatory approach and clearer industry guidelines.

Gary Gensler's Commentary

Gary Gensler recently stated that his main goal was to protect investors. In an interview with Bloomberg, he spoke about his meeting with Atkins and gave him advice: "Every day in this role is a privilege, use it well on behalf of the American public."

Remember every single day, the job is one day closer to when you join the formers club. Every day is such a privilege, use it well, use it on behalf of the American public.None

Though Gary Gensler is stepping down, the SEC remains committed to holding bad actors accountable. Whether Atkins' appointment will stifle innovation or foster a more stable market ecosystem is a topic of ongoing debate.

0

Share

Other news

China's Tax Policy Triggers Uncertainty in the Cryptocurrency Market

China's surprise 34% tariff on U.S. imports causes sharp declines in cryptocurrency values, including Bitcoin.

user avatarGiorgi Kostiuk

a few seconds ago

ChatGPT: Growth and Development of One of the Most Popular AI Chatbots

OpenAI's ChatGPT rapidly gains popularity with 300 million active users. We explore its journey and key updates.

user avatarGiorgi Kostiuk

a few seconds ago

XRPL Apex 2025 in Singapore: What to Expect from Ripple in June?

XRPL Apex 2025 will be held in Singapore from June 10 to 12, featuring important discussions and innovations in the blockchain ecosystem.

user avatarGiorgi Kostiuk

a minute ago

Innovative Web3 Companies: Top 15 in 2025

Explore the best Web3 companies of 2025, their impact, and innovations in the decentralized ecosystem.

user avatarGiorgi Kostiuk

2 minutes ago

China Introduces Retaliatory Tariffs on US Imports in Response to Trump's Actions

China responds to new US tariffs with a 34% charge on American goods, causing sharp reactions in the markets.

user avatarGiorgi Kostiuk

2 minutes ago

Overview of the Most Interesting Airdrops in the Crypto Community

Let's explore current airdrops offering token acquisition without expenditure.

user avatarGiorgi Kostiuk

5 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.