What’s Next for Crypto After Ripple, Coinbase Dismissals? Incoming SEC Chair Paul Atkins Speaks

Paul Atkins, President Donald Trump’s candidate to lead the American Securities and Exchange (SEC) commission, recently treated the Senate Banking Committee on March 27, calling for a clear and favorable framework for the cryptocurrency market.

He said: “Since 2017, as I have directed industry efforts to develop best practices for the digital asset industry, I saw how ambiguous and non -existent regulations for digital assets create uncertainty on the market and inhibit innovation.”

Atkins said that an absolute priority of his presidency would be to work with his colleagues commissioners and the congress to provide a firm regulatory basis for digital assets thanks to a rational, coherent and based on principles.

He criticized outdated rules that block innovation and have said that political waves have undergone the confidence of investors. Atkins has promised to create a framework that encourages growth, technology and investor protection, aligning with Trump’s vision for world leadership in digital assets.

“It is time for the dry to return to its main mission that Congress has taken it into account: the protection of investors; fair, ordered and effective markets; and capital training,” he added.

Atkins, a former SEC SEC and CEO of Patomak Global Partners, opened the need for regulatory clarity in the rapidly growing digital asset space.

“I can’t wait to go to work for American markets and investors. If I am confirmed, my goal will be to ensure that the United States is the best and safest place in the world to do business and so that the Americans invest their dollars hard won to save and provide their future, “he said.