The U.S. Securities and Exchange Commission (SEC) is approaching a significant turning point. This is because Paul Atkins, nominated by President Trump, has a very high likelihood of being confirmed by the Senate and becoming the new SEC Chairman on the 9th (local time). The industry evaluates that his appointment could signal a shift in cryptocurrency regulation and expects acceleration in the approval of ETFs for major digital assets such as Bitcoin (BTC), XRP, Solana (SOL), and Dogecoin (Doge).
Atkins, who has been identified as the next SEC leader, has already served as an SEC Commissioner and is widely known for his market-friendly and technology-friendly approach. In particular, unlike former SEC Chairman Gary Gensler, he has maintained a stance that prioritizes market innovation over legal enforcement. During Gensler's tenure, the SEC pursued aggressive regulatory policies, including high-intensity lawsuits against Ripple (XRP) and sanctions on multiple exchanges.
However, there is a prevailing view that Atkins' appointment could create cracks in this approach. He has long emphasized avoiding excessive financial regulation intervention and the need to resolve legal uncertainties for blockchain-based assets. As a result, the industry believes that the approval procedures for long-pending XRP ETF, Solana ETF, and Dogecoin ETF could be expedited within weeks.
Currently, the SEC is operating under Mark Uyeda's acting leadership, but his term will automatically end with Atkins' confirmation. Uyeda has also been evaluated as relatively crypto-friendly and recently showed movements to conclude the long-standing lawsuit with Ripple, suggesting the possibility of internal SEC policy changes. Nevertheless, Atkins is expected to lead even more proactive changes.
The U.S. Senate will conduct the key cloture vote for Atkins' confirmation at 11:30 AM (Eastern Time) on the 9th. If this vote passes, the final plenary confirmation could occur around 7 PM the same day, meaning his appointment could be realized as early as the end of this week.
President Trump has consistently campaigned for cryptocurrency industry revitalization and the promotion of blockchain-based financial products. Nominating figures like Atkins as SEC Chairman is interpreted as an extension of the will to accelerate the cryptocurrency market's integration into the institutional framework.
Experts analyze that this personnel change is not just a simple policy adjustment but a clear *signal of regulatory direction shift*. As a result, there are predictions of likely noticeable relaxation measures in major regulations and policies over the next few months, including ETF approvals, exchange registrations, new coin product permits, and digital asset definitions.
The industry expects the legal clarity brought by the SEC leadership change to be a catalyst for institutional investor entry. Particularly, resolving sensitive regulatory risks in the U.S. could be a decisive trigger for global hedge funds and institutional funds worth tens of trillions of won to flow into the cryptocurrency market.
While the policy and regulatory roadmap of the Paul Atkins-led SEC has not yet been disclosed, considering the comprehensive policy support and market-friendly stance of the Trump administration, there is increasing weight to the possibility of a much more flexible and innovation-friendly environment.
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