As mentioned, on March 27th this year, the hearing was held at the US Senate Banking Committee, ratifying the appointment of Paul Atkins as president of the US Securities and Securities Commission (SEC).
In addition to Paul Atkins, they attended a session chaired by Republican Sen. Tim Scott. Occupies an important position within the cabinet.
Among them was Jonathan Gould, who was behind the currency. Luke Petit will become the Vice Minister of the Ministry of Finance. Marcus Molinaro will become federal traffic manager for the Department of Transportation.
The nominated SEC answered questions from the Senator, Provide a different address to the agent From a cryptocurrency perspective. This is to mark changes in what the agency has been doing over the past four years under the control of Gary Gensler.
“One of my presidency’s main priorities is working with my commissioned colleagues and Congress to provide a solid regulatory foundation for digital assets through a rational, consistent, principled approach,” Atkins said.
Due to his experience as a Republican commissioner for the SEC under George W. Bush’s presidency, Atkins was the target of related questions. In recent years, SEC work.
Several Republican senators got the opportunity to talk What they called Gary Gensler’s “disaster”»Under Joe Biden’s control. They pointed to measures taken by the former SEC president, in line with what is defined as a regulatory attack on cryptocurrency companies.
“You just need to be able to breathe and not a totally crazy fury to be the SEC’s best commissioner compared to the last type,” Sen. Bernie Moreno said.
Atkins responded by stating that he would focus his work on investors. There are efficient regulationsproposes “acquire market policy.” The aim is to eliminate uncertainty in the cryptocurrency sector.
At this point, Senator Scott commented that if Paul Atkins is ratified, “he will return the agency to his main mission: to assure that our capital markets remain the world’s vy desire.”
Until then, the attacks of the majority of committee members went to the previous management of the SEC. Atkins’ criticism came later, With the participation of Democrat Elizabeth Warren.
The senator repeated Your doubts about Atkins’ ability To be fair in the digital assets sector, he served as an advisor to several companies. He claimed that the link to cryptocurrency was “impressive.”
“The financial relationships with the industry that we quickly regulate raise serious concerns about our ability as a regulator to avoid conflicts of interest and raise questions about focusing on cryptocurrency regulation,” he said.
boot I had already expressed these questions In a letter that sent the candidate on March 23, reported by Cryptootics.
It was an unusual turn for this type of audience and ultimately we found that no predicted votes were made at the end of the session to see if they would confirm the nomination. The next step in the verification process is to Define the date to perform this step. The results will then be sent out in full for the possibility of approval by the Senate.
(tagstotranslate) Cryptocurrency
