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Trump's associates welcome pro-crypto Paul Atkins as new SEC chair
The U.S. Senate confirmed Paul Atkins as the chairman of the Securities and Exchange Commission (SEC) in a 52–44 vote on Apr. 9. In his confirmation testimony before the Senate Banking Committee on March 27, he said his top priority as the SEC chair will be to work towards providing “a firm regulatory foundation for digital assets.” The tenure of the former chair, Gary Gensler, saw the SEC going after multiple crypto exchanges for allegedly offering unregistered token securities. After President Donald Trump assumed office for the second term, most of these cases, including those against Coinbase and Ripple, ... (full story)