News View Non-AMP

New Era for Crypto? Paul Atkins Set to Lead SEC In Next 2 Days

Published by
Mustafa Mulla

The U.S. Securities and Exchange Commission (SEC) is about to see a major leadership change, with Paul Atkins expected to be confirmed as chairman within days. Journalist Eleanor Terrett reports that the U.S. Senate has scheduled a key vote that could finalize his confirmation and put him in office before the end of the week.

SEC Set for New Leadership

The confirmation process is moving fast. The Senate is planning a cloture vote for 11:30 a.m. ET on April 9. This vote is important because it limits debate and helps speed up the final decision.

If it passes, the Senate could hold a final confirmation vote as early as 7:00 p.m. the same day. This timeline means Atkins could officially take over the role before the weekend.

Until now, Mark Uyeda has been serving as the SEC’s acting chairman. During his time in charge, the commission has shown a more positive attitude toward crypto. Notable actions include settling the high-profile Ripple lawsuit and easing the agency’s usual tough enforcement style.

However, once Atkins is confirmed, Uyeda’s time as acting chairman will come to an end, marking the beginning of a new chapter for SEC policy and leadership.

Will Paul Atkins Be a Game-Changer for Crypto?

Paul Atkins is no stranger to the SEC. Having previously served as an SEC commissioner, he has a reputation for advocating policies that favor innovation and financial growth. 

Unlike his former SEC, Gary Gensler, who was known for a strict, enforcement-heavy approach, Atkins is seen as a more crypto-friendly leader. 

Crypto Community Looks to the Future

Many in the crypto industry see Atkins as a more open-minded leader when it comes to digital assets. One of the major hopes tied to his confirmation is the approval of long-awaited crypto-based financial products.

This includes the possibility of exchange-traded funds (ETFs) for assets like XRP, Solana (SOL), and Dogecoin (DOGE).

With the Senate vote just around the corner, the financial world is watching closely as the SEC prepares for a new direction under Paul Atkins.

The winds are changing at the SEC, and all eyes are now on what comes next.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Crypto Liquidations Nearly $1B Today: Time to Exit and Take Profits?

The cryptocurrency market recorded more than $841 million in total forced liquidations during the last…

May 31, 2025

Bitcoin Price Displays a Similar Deviation: Is it Time for a Deeper Correction?

Ever since the start of the week, the Bitcoin price has been facing significant bearish…

May 30, 2025

Nimanode Ignites XRP Ecosystem with $NMA Presale, Eyes 10X Growth Post-Launch

Nimanode, the first no-code AI agent platform built natively on the XRP Ledger (XRPL), is…

May 30, 2025

Solana Targets $200 as TRON Prepares to Flip December’s ATH; Could Unilabs’ AI Launchpad Reshape DeFi?

With Bitcoin (BTC) ranging between $105,000 and $110,000, attention is gradually shifting to altcoins, causing…

May 30, 2025

Solana (SOL) Price Heading to the Crucial Range—Will it Drop to $150 or Rebound to $180?

The crypto markets are consolidating ahead of the $5 billion liquidity entering the space, as…

May 30, 2025

Top Cryptocurrencies Poised for Explosive Growth in 2025: Ripple, Ethereum, and Unilabs

Per reports from crypto commentators, the Ripple price might be soaring to $5 in the…

May 30, 2025