Paul Atkins, President Donald Trump’s nominee for Chair of the U.S. Securities and Exchange Commission (SEC), has pledged to implement crypto-friendly regulatory policies if confirmed. In a written statement released by the Senate on Wednesday, Atkins promised to ensure that SEC regulations will not hinder capital formation and emphasized his commitment to supporting the growth of the digital asset sector.

A Collaborative Approach to Regulation

In his written remarks, Atkins stated that one of his top priorities would be working closely with SEC commissioners and Congress to build a robust regulatory framework for digital assets. He called for a reasonable, consistent, and principled approach to crypto regulation.

“The agency’s policies must not let politics get in the way of capital formation. My focus will be on building clear, fair, and supportive rules for crypto innovation.” – Paul Atkins

Senate Hearings Set for Thursday

The Senate confirmation hearings for Atkins are scheduled for Thursday, and his nomination signals a potential turning point for U.S. crypto regulation. With the digital asset sector calling for regulatory clarity for years, Atkins’ stance is being seen as a positive development.

If confirmed, Atkins could significantly influence the future direction of the SEC and its approach to cryptocurrencies, offering a more open and innovation-driven perspective than previous leadership.