Editor's PiCK
"Paul Atkins to Revoke Targeted Policies on Virtual Assets if Appointed SEC Chairman"
Summary
- It was reported that if Paul Atkins is appointed as SEC chairman, he will rewrite most of the regulatory guidelines on virtual assets.
- He stated that he will revoke the policies that made virtual asset companies a target for regulators.
- He will introduce 12 unprecedented reforms within the first 100 days of his tenure.
John Reed Stark, former head of the U.S. Securities and Exchange Commission (SEC) Internet Enforcement Office, stated that "if Paul Atkins, the nominee for the next SEC chairman, is formally appointed, he will not just change the rules but rewrite most of the agency's virtual asset (cryptocurrency) regulatory guidelines."
According to DL News, a virtual asset specialized media outlet, he said, "I believe Paul Atkins will revoke the policies that made virtual asset companies a target for regulators," adding, "He will likely introduce 12 unprecedented reforms within the first 100 days of his tenure."
He continued, "I tend not to agree with his stance on virtual asset regulation," but added, "However, he is an honorable individual and a steadfast patriot. As the 32nd SEC chairman, he will lead with fairness, integrity, transparency, and accountability."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
