Paul Atkins Wants Crypto Regulation To Be A Top Priority

Efficient Crypto Regulation
Atkins emphasized the need for clear and effective crypto regulations to reduce market uncertainty and encourage innovation.

Source: Paul Atkins

He pledged to work with Congress and fellow commissioners to establish a sound regulatory framework for digital assets. Atkins also stressed the importance of smart, efficient regulation that benefits all market participants.

Undoing Harmful Policies

Senator Tim Scott praised Atkins as an experienced leader who could realign the SEC with its foundational goals. He highlighted Atkins’ potential to undo what he described as “harmful” policies from the Biden administration.

However, Senator Elizabeth Warren raised concerns about Atkins’ impartiality, noting his ownership of up to $6 million in crypto-related assets. She called for him to recuse himself from related matters and avoid involvement with the industries he regulated for at least four years after his term.