🟡SEC chair candidate Paul Atkins stated that regulating digital assets will be his top priority. He emphasized that the lack of clear rules is hindering innovation and creating market chaos. Atkins plans to establish a stable policy in collaboration with Congress.
🟡Senator Tim Scott supported him, stressing the importance of refocusing the SEC on its core responsibilities. However, Elizabeth Warren raised concerns about a potential conflict of interest due to Atkins’ crypto holdings. The Senate Banking Committee will decide on his confirmation.