Paul Atkins Appointed SEC Chief, Sparks XRP & Crypto Rally

XRP has recently experienced a notable surge of over 4% within a 24 to 36-hour window, a move that stands out amid broader market activity.

This upswing is largely attributed to a significant regulatory development: the official swearing-in of Paul Atkins as the new chairman of the U.S. Securities and Exchange Commission (SEC).

His appointment marks a pivotal shift in the regulatory landscape for digital assets, particularly given his public commitment to prioritizing a strong framework for cryptocurrencies while removing political influence from securities law enforcement.

This declaration is seen as a sharp divergence from previous regulatory approaches, which were often criticized as overly aggressive and politically…

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