Sec Chair Paul Atkins Priority: Crypto Regulation or Ripple (XRP) ETFS

3 Min Read
3 Min Read

Newly appointed SEC Chairman Paul Atkins is now taking on a new duty that Gary Gensler had previously served as chairman. Jensler’s reign was full of code horror, with intense scrutiny and speculation. Now that Pro-Bitcoin Paul Atkins envisions his new role, his obligation to regulate the crypto government with the maximum clarity will become his priority. At the same time, hopes for the XRP ETF to gain approval were once again strengthened under his reign. Does Atkins play an important role in approving the XRP ETF? Let’s look into it.

Atkins is in charge of the US

Bitcoin supporter and cryptocurrency supporter Paul Atkins is now sworn in as the next SEC chairman. Shortly after taking on the official duties, Atkins issued a power-packed statement, adding ways to establish balance in the cryptocurrency realm.

He shared that his number one priority during his tenure is to provide a crypto environment regulated by digital asset regulations as his top priority.

“My Chair’s top priority is to provide a solid regulatory foundation for digital assets through a rational, consistent, and principled approach.”

At the same time, former Strategy CEO Michael Saylor used X to share how good Atkins is for Bitcoin and Crypto domains.

How about Ripple ETFs?

As Atkins assumes official US SEC obligations, speculations about the approval of the XRP ETF have started to increase steam once again. The story is now catching speed as investors want a quick approval process.

If everything goes well, Atkins’ first bold move will include the approval of a new ETF that will bring a new era of ETFs to the markets investor explore.

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