Paul Atkins, the new president of the Sec, will make a public appearance at the next cryptographic round table. This meeting concerning the guard of cryptography will take place on Friday.
During his swearing -up ceremony, Atkins described his key priority as a regulatory clarity with digital assets. In practice, this could mean more institutional products based on cryptocurrencies, broader adoption and greater flexibility for projects based on the United States.
Atkins to talk to the Crypto round table
From today, Paul Atkins officially started his role as president of the SEC and has committed to adopting a “approach in principle” of the regulation of cryptography.
It has been early for RSR and has more than $ 6 million in exposure to cryptography, and it seems attached to industry. Atkins will speak on Friday at the next cryptographic round table, potentially giving a new overview of his vision.
“Paul Atkins should speak on Friday at the round table of the dry on crypto trading – his first public remarks on digital assets since becoming president,” said Eleanor Terrett.
Crypto round paintings have been taking place since the end of March, and it will give Atkins the opportunity to describe its priorities.
This discussion will largely concern the custody of cryptography, which could limit the scope of its responses, but it can point out its desire to appear more regularly.
Regardless of what Atkins says at the round table, the cryptographic community has a fairly good idea of its greatest concerns. For example, the Ripple VS dry prosecution is almost resolved, but a final regulations need its official approval.
The commission will also have to decide 72 Altcoin ETF proposals, which will probably give Atkins to do.
Regarding a specific vision, it is difficult to say how it could stand out. Trump’s presidency imposed a clear vision of cryptography regulations: an approach to a faire. Any choice for the office will probably align with these values.
A new look for the dry
In his speech of acceptance, Atkins discussed the “way” of the dry under Gary Gensler, “keep [ing] The policy of securities laws ”and its desire to make the United States a world capital of cryptography. These are all clear priorities for cryptographic regulations under Trump.
However, Atkins’ commitment to this approach also caused a little apprehension of investors. Previously, he was president of the SEC in the 2008 period, resigning shortly before.
In the coming years, he opposed vocally on the regulations built the next day. Atkins also blamed the US government for the collapse of the FTX. Certain parts of the community fear that it is too practical with bad actors.
In the end, the Friday’s cryptographic round table will be the first of the many actions linked to the Atkins. Whatever his personal convictions, the dry has some urgent problems that he must solve.
The debate on securities is still in freedom, and it remains to be seen whether the Commission completely abandons the application of cryptography or takes a rear seat. While the new president of the SEC addresses these problems, the community will have the opportunity to study the prospects of Atkins and cryptographic ethics.
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