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SEC Chair Paul Atkins Priority: Crypto Regulation Or Ripple (XRP) ETFs


SEC Chair Paul Atkins Priority: Crypto Regulation Or Ripple (XRP) ETFs

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The newly appointed SEC chair, Paul Atkins, has now assumed a new duty, a role that Gary Gensler was earlier chairing. Gensler’s reign was full of crypto terror, laden with heavy scrutiny and speculation. Now that pro-Bitcoin Paul Atkins is assuming his new role, his duties towards regulating the crypto regime with utmost clarity will be his priority. At the same time, the hope of XRP ETFs gaining approval has once again been intensified under his reign. Will Atkins play a key role in approving XRP ETFs? Let’s find out.

Also Read: AI Predicts PEPE Price For The End of April 2025

Atkins Takes Charge Of The US SEC

SEC Chair Paul Atkins
Source: DisruptionBanking

Paul Atkins, a Bitcoin proponent and a cryptocurrency supporter, has now been sworn in as the next SEC chair. Atkins, soon after assuming official duties, delivered a power-packed statement, adding how he wishes to establish equilibrium in the domain of cryptocurrency.

He shared how his top priority during the tenure would be to deliver a regulated crypto environment with digital asset regulation as his top priority.

“A top priority in my chairmanship will be to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach.”

At the same time, Michael Saylor, former CEO of Strategy, took to X to share how Atkins will be good for the domain of Bitcoin and crypto.

Also Read: Microsoft (MSFT) Target Cut to $430 by Barclays: Should You Be Worried?

What About Ripple ETFs?

With Atkins assuming the official duties of the US SEC, speculation around the approval of XRP ETFs has now started to gain steam again. The narrative is now catching speed as investors are hoping for a speedy approval process.

If all goes well, Atkins’s first bold move will include approving a plethora of new ETFs, bringing a new era of ETFs in the market for investors to explore.

Also Read: Intel (INTC) Stock Climbs Amid Talks of Layoffs

Read the article at Watcher.Guru

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In This News

Coins

$ 63.80K

-0.48%

$ 1.10

-0.60%

$ 0.00734

+0.78%

$ 0.0000824

$ 0.000269


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