Statement from SEC chairman candidate: Explained his priorities

.google-news-link{background:#f15a29;color:#fff; display:table; margin:0 auto 16px; font-weight:700; padding:.5rem 1rem; line-height:24px; font-size:1rem; border-radius:3px}.google-news-link:hover,.google-news-link:focus{color:#ddd}.google-news-link>span:before{content:''; background:url('data:image/svg+xml,') no-repeat center left / 24px; width:24px; height:24px; min-width:24px; display:inline-block; vertical-align:bottom; margin:0 .1rem;} Follow us on Google News. Paul Atkins, nominated by President Donald Trump for the chairmanship of the Securities and Exchange Commission (SEC), promised "sensible" regulations for crypto assets.

Atkins stated in a written statement on Wednesday, "One of the most important priorities of my presidency is to provide a solid and regulatory foundation for digital assets with a sensible, consistent, and principled approach."

This statement, indicating that the Trump administration will take a more open and constructive approach to cryptocurrencies, has created a positive atmosphere in the cryptocurrency market. The cryptocurrency community has increased its positive expectations regarding the clarification and inclusiveness of regulations.

According to the statement presented to the public by the Senate, it is aimed that the regulations led by Atkins will benefit the crypto sector and that politics will not hinder capital formation.

Paul Atkins will attend the confirmation hearing today in the Senate Banking Committee. After his speech here, Atkins will answer questions, and a vote will be held later.

Published: March 27, 2025 15:16