Paul Atkins Sworn In as New SEC Chairman

Mr. Paul Atkins was officially sworn in yesterday as the new Chairman of the U.S. Securities and Exchange Commission (SEC). He previously served as a member of the Commission from 2002 to 2008.

His confirmation by the Senate passed with a 52-44 vote, signaling a major shift in regulatory policy. During his previous tenure, Atkins was known for advocating reduced regulations and supporting financial innovation, particularly in the cryptocurrency space.

Given his prior connections to the crypto industry and his favor for lighter regulations, it is expected that under his leadership, the SEC will adopt a more crypto-friendly approach toward digital assets.

The new SEC chairman’s first official speech on cryptocurrencies

The new SEC chairman, Mr. Paul Atkins, spoke at the Digital Currency Roundtable held on April 25.

Mr. Atkins, who was recently appointed as the SEC chairman, attended the roundtable along with members of the Crypto Task Force. The main focus of the meeting was on issues related to the custody of digital assets and the creation of legal frameworks for them.

Atkins, the new SEC chairman, spoke about the enormous benefits of blockchain technology in terms of efficiency, risk reduction, transparency and cost reduction. He emphasized that his goal at the SEC is to create “transparent regulatory rules” for digital assets, noting that the previous SEC administration under Gary Gensler had fostered market and regulatory uncertainty.

🚨 Crypto Scam Alert! 🚨

A victim just lost $467,175 due to transaction history poisoning.

⚠️ How it happened:
The scammer copied a wallet address that matched the first 4 + last 6 characters of the real one, tricking the victim into sending funds to the wrong place. (source - Scam Sniffer)

#cryptoscam #StaySafe #BlockchainSecurity

BREAKING: Swiss National Bank Chief Says NO to Bitcoin in Reserves

Despite mounting pressure from Switzerland’s crypto sector, the SNB remains firm, citing stability and security risks as key concerns.

#bitcoin #crypto #SwissBanking #SNB #finance

21 Million Bitcoins