Paul Atkins Sworn in as New Era for Pro-crypto SEC Begins AllinCrypto April 23, 2025
New SEC chairperson Paul Atkins was officially sworn in on April 21, 2025, after many months of questioning whether Atkins would manage to take up the position.
President Trump attended Atkins’s ceremony in the Oval Office, solidifying a new era for the US Securities and Exchange Commission.
Paul Atkins, taking over from Gary Gensler, has vowed to revamp digital asset regulations to create a freer atmosphere for innovation and companies to flourish.
New era for SEC as pro-crypto Paul Atkins is sworn in
Paul Atkins finally became the new SEC chairperson on April 21 after many months of waiting. Atkins previously spoke at a meeting before his confirmation, where he went into his hopes for the SEC.
Atkins was picked out of a selection of candidates on Trump’s list, with Hedera Foundation board member Brian Brooks almost being chosen.
After previously serving as SEC Commissioner from 2002 – 2008, Atkins is known for his pro-crypto stance and advocacy for clear regulations that can allow companies and businesses in the US to flourish without interruption.
The new chairman also served as an advisor on Reserve Rights (RSR), a cryptocurrency company now focusing on Decentralized Token Folios (DTFs) and tokenization.
Atkins speaking at the Senate Committee on Banking, Housing, and Urban Affairs:
“Regulations, including those of the SEC, affect markets and investors. They can stoke innovation, facilitate investment goals & create opportunities or burdens on businesses’ abilities to compete and serve their customers.”
New pro-crypto polices to change digital asset landscape in 2025
Paul Atkins has openly spoken out against regulatory overreach and enforcement strategies performed by the SEC. His staunch pro-crypto stance has made him popular among the crypto crowd.
The Blockchain Association has praised Atkins for his outlook and congratulated him for his confirmation on April 10, 2025. Kirsten Smith, CEO of the Association, said:
“We look forward to working with Chairman Atkins, whose outlook is anchored by a deep understanding of the digital asset ecosystem, and the entire staff at the SEC”
Over the next few years, we should see the adoption of cryptocurrency and blockchain technology on a large scale within the US.
Already, President Trump has pushed for the STABLE Act and GENIUS Act to go through by Autumn 2025. Both acts will allow institutions to easily adopt and serve cryptocurrency services to the general public.
The STABLE Act will further legitimize the status of stablecoins such as USDC within the US, allowing financial institutions and organizations to utilize stablecoins with clear regulatory guidance.
Paul Atkins’ becoming the SEC chair is a huge net positive for crypto, not only in the United States but for the world.
The post Paul Atkins Sworn in as New Era for Pro-crypto SEC Begins first appeared on AllinCrypto.
