Let's welcome Paul Atkins, officially the new SEC Chair

[TomPluz]

Paul Atkins has officially been sworn in as the 34th chairman of the US Securities and Exchange Commission. The April 21 announcement comes nearly two weeks after Atkins’ position was confirmed by the US Senate in a 52-44 vote on April 9.

“I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins, who served as an SEC commissioner between 2002 and 2008.

“As I return to the SEC, I am pleased to join with my fellow Commissioners and the agency’s dedicated professionals to advance its mission to facilitate capital formation; maintain fair, orderly, and efficient markets; and protect investors.”

Get more details of this news in Cointelegraph.

We can officially say that the era of lawfare launched by Gary Gensler as the former SEC Chairman is over since we now have a new one at the helm in the person of Paul Atkins. We are all hoping that with Trump and Atkins, there will be a better and more acceptable approach towards the cryptocurrency industry and the many players doing business on it. As a man with a solid experience working in SEC in previous capacity and a man also associated with the crypto industry, he would be fair and consistent in implementing the law and he would offer a leaf of cooperation with law-abiding people under the industry.

So if there is one message you wanna deliver to Paul, what would it be?

[Charles-Tim]

Good to see that he is no more just the acting but now the SEC chair.

So if there is one message you wanna deliver to Paul, what would it be?

This is it what I should not let him know because it is clear that most cryptocurrencies are securities. They should not try to fool people that they are commodities. I like the fact already that he knows already that bitcoin and those coins with PoW algorithms are commodities but those coins with ICOs and PoS are securities.

[ABCbits]

He doesn't seem to share opinion about Bitcoin or cryptocurrency publicly in the past. But it's certainly better news than one who used to share non-positive opinion about Bitcoin in past.

So if there is one message you wanna deliver to Paul, what would it be?

Some action done against cryptocurrency company by SEC seen as overstepping it's responsibility, so i would certainly hope he'll take action about it.

[target]

So if there is one message you wanna deliver to Paul, what would it be?

Just don't do what Gensler did. If possible just obey Trump, you'll have peace of mind when you are just doing this. you don;t even need ta public appearance every time you declare a crypto ETF.

I'm sure he knows how to make himself useful to Trump unlike the FED Chair Jerome Powell. The more Trump gets desperate the more he would do his crazy policies so maybe not making it worse will work for all of us in stocks and crypto.

[bitterguy28]

Paul Atkins has officially been sworn in as the 34th chairman of the US Securities and Exchange Commission. The April 21 announcement comes nearly two weeks after Atkins’ position was confirmed by the US Senate in a 52-44 vote on April 9.

as this was announced weeks ago and speculated about for even longer it does not come as a surprise however it is nice to know that finally and officially there is some changes that could bring positive impact to the crypto community and to bitcoin specifically if you will check bitcoin is now at $88k which is the highest it has been in a couple of weeks now it is hard not to assume that the rise was because of this

So if there is one message you wanna deliver to Paul, what would it be?

i just hope he maintains the integrity of bitcoin and crypto as he is very involved in crypto and blockchain tech even before came back to sec as chair and i hope he sticks to the community harder than the previous sec chairs ever did

[Zed0X]

I would like him to release a new or updated list of coins/tokens that are classified as securities Let's face it, he cannot be too friendly about cryptocurrencies because some fraudulent people will take full advantage of that. He could lead the agency to be strict but not overreaching.

[Lucius]

I would like him to release a new or updated list of coins/tokens that are classified as securities Let's face it, he cannot be too friendly about cryptocurrencies because some fraudulent people will take full advantage of that. He could lead the agency to be strict but not overreaching.

Haven't some already done that? If a man in the position of president launches a crypto project that has lost almost 90% of its maximum value to date, maybe the SEC should react? It seems to me that he will be very quiet about cryptocurrencies if he wants to keep that position.

[robelneo]

So if there is one message you wanna deliver to Paul, what would it be?

I guess we are expecting the best years in cryptocurrency once he starts working. I'm surprised to know that he has investments in some cryptocurrency platforms, and it's good to know. I will not only congratulate him but will also congratulate the crypto community for having the right guy at the SEC.
So now we'll wait and see what he's bringing to the community.

[Z-tight]

So many people believe the new sec chair will allow anything go, but that is not possible, if not anyone would be able to create a scam service or launch scam memecoins and scam people out of their money, Trump did it, if it becomes a trend, we may start asking for Gensler, lol. I like to see how things progress in the next 6 months to 1 year.

[Jating]

So if there is one message you wanna deliver to Paul, what would it be?

I guess we are expecting the best years in cryptocurrency once he starts working. I'm surprised to know that he has investments in some cryptocurrency platforms, and it's good to know. I will not only congratulate him but will also congratulate the crypto community for having the right guy at the SEC.
So now we'll wait and see what he's bringing to the community.

He has some background in crypto as far as I know that's why he was chosen to be the SEC Chair. But we all know that it's a huge job and perhaps it's the risk that he is willing to take. From private to becoming and handling difficult task moving forward. But it's obvious that he will be a pro-crypto Chair so it's a win win for those upcoming projects. But still though, he has to protect and enforce the SEC law to some projects, but he might be lenient as well. So it boils down on how he is going to balance everything.

[bayu7adi]

So if there is one message you wanna deliver to Paul, what would it be?

Don't be too closed to cryptocurrency, but don't be too open to cryptocurrency either... take the positive side and some of the advantages that cryptocurrency offers, this is about innovation, so the SEC must also be able to improvise so that it doesn't become obsolete too soon...

If you have better skills, stop some of the frauds that are happening in cryptocurrency... there are still so many people who are victims of cryptocurrency fraud... it makes crypto's image worse...

Good job, Paul.. may your decisions make the cryptocurrency community better in the future...

[Kemarit]

So if there is one message you wanna deliver to Paul, what would it be?

Don't be too closed to cryptocurrency, but don't be too open to cryptocurrency either... take the positive side and some of the advantages that cryptocurrency offers, this is about innovation, so the SEC must also be able to improvise so that it doesn't become obsolete too soon...

If you have better skills, stop some of the frauds that are happening in cryptocurrency... there are still so many people who are victims of cryptocurrency fraud... it makes crypto's image worse...

Good job, Paul.. may your decisions make the cryptocurrency community better in the future...

That is the plan what we have put as SEC Chair, to make a good decision base on crypto or at least don't file any cases against crypto projects. And we have seen that they have drop some cases already so it's a good sign.

So there could be some projects along the way though that need to decide whether to go after them or not. But for sure they will consider all factors first before filing cases against them.

[Lucius]

So many people believe the new sec chair will allow anything go, but that is not possible, if not anyone would be able to create a scam service or launch scam memecoins and scam people out of their money, Trump did it, if it becomes a trend, we may start asking for Gensler, lol. I like to see how things progress in the next 6 months to 1 year.

Some can think whatever they want, but in the end, GG is the one whose vote ruled in favor of spot BTC ETFs, regardless of the fact that such a sequence of events was inevitable when such a powerful company as BlackRock entered the game.

More freedom regarding cryptocurrencies will simply lead to more scams, but if politics allows it, the current SEC chairman will not interfere too much in matters regarding it. He is, after all, one of those who are appointed to do what they are told, not to think for themselves.

[MrSpasybo]

We can officially say that the era of lawfare launched by Gary Gensler as the former SEC Chairman is over since we now have a new one at the helm in the person of Paul Atkins. We are all hoping that with Trump and Atkins, there will be a better and more acceptable approach towards the cryptocurrency industry and the many players doing business on it. As a man with a solid experience working in SEC in previous capacity and a man also associated with the crypto industry, he would be fair and consistent in implementing the law and he would offer a leaf of cooperation with law-abiding people under the industry.

So if there is one message you wanna deliver to Paul, what would it be?

Glad we've got a new SEC chair. I hope Paul Atkins doesn't shift his stance. Gary Gensler's change of heart really caught the crypto community off guard. Maybe he was under a lot of pressure, so he tried hard to slow down crypto growth to give traditional companies more time to jump into this lucrative market.

If I could say anything to Atkins, I'd say the crypto market doesn't need to be managed by the SEC. We just want clear guidelines, and for the SEC to protect investors from scam projects. When things are favorable, crypto will thrive on its own!

[Faisal2202]

As a man with a solid experience working in SEC in previous capacity and a man also associated with the crypto industry, he would be fair and consistent in implementing the law and he would offer a leaf of cooperation with law-abiding people under the industry.

So if there is one message you wanna deliver to Paul, what would it be?

So he swore now? I thought he had already sworn and was working as chairman. Well, as far as I know, the environment for the crypto industry has already been very friendly since Gary resigned.

I am just waiting for more good news from the SEC, like there have been fewer restrictions and cases against innocent businesses. I only want one thing from them, and that is that they should do some regulatory work for mixers and obfuscating sites. Because the rules are very bad, and they only seize them without proper solution.