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Pro-Crypto Paul Atkins Takes Helm as SEC Chair—Wall Street Braces for Regulatory Shake-Up
Pro-Crypto Paul Atkins Takes Helm as SEC Chair—Wall Street Braces for Regulatory Shake-Up
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In a move that sent shockwaves through both crypto and traditional finance circles, Paul Atkins—a long-time advocate for lighter-touch crypto regulation—was sworn in as the 34th chairman of the U.S. Securities and Exchange Commission. Known for criticizing the SEC’s ’regulation by enforcement’ approach, Atkins’ appointment signals a potential thaw in the agency’s frosty stance toward digital assets. Traders cheer, compliance officers groan—and somewhere in Manhattan, a hedge fund manager just billed 300 hours for ’emergency regulatory strategy sessions.’
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