What the crypto world will be listening for when Trump’s SEC pick testifies
The crypto industry will be listening closely when Paul Atkins, President Trump’s pick to run the Securities and Exchange Commission, testifies before the Senate Thursday in his nomination hearing.
Atkins is expected to reexamine and revise a lot of what the agency did during the Biden administration, notably its approach toward regulating digital assets.
For years, Atkins has made it clear he favors clearer regulations of cryptocurrencies that don’t impose unnecessary oversight — and he intends to repeat that point before Senate lawmakers Thursday.
“I have seen how ambiguous and non-existent regulations for digital assets create uncertainty in the market and inhibit innovation,” he said in his prepared remarks for his…