Paul Atkins Sworn in as SEC Chair, Signaling Crypto-Friendly Shift
- Paul Atkins confirmed as the 34th SEC Chairman with a 52-44 Senate vote.
- Atkins owns up to $6 million in cryptocurrency and has developed digital asset industry standards.
- Over 70 crypto ETF applications await his decision, marking a shift from the Gensler era.
- Atkins plans to resign from Patomak Global Partners within 90 days of confirmation.
- The new chairman’s net worth is approximately $327 million, including assets from his heiress wife.
Paul Atkins, confirmed as SEC Chairman by a narrow Senate vote, brings a crypto-friendly approach and faces decisions on over 70 crypto ETF applications. His substantial wealth includes significant cryptocurrency investments.
Source (2.6)https://decrypt.co/315705/paul-atkins-returns-sec-helm?rand=52368