Paul Atkins will redefine the position of the SEC in front of the crypto sector, says Hester Peirce

Now that Paul Atkins assumes as the new president of the Sec, Hester Peirce expects you to maintain a more open posture towards cryptocurrencies.

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• Commissioner Hester Peirce expressed optimism about the new leadership for the Sec With Atkins as director.
• Many in the industry expect more regulatory clarity after the departure of Gary Gensler.
• Atkins was questioned by his links with the crypto sector before confirmation.

The United States Stock Exchange and Securities Commission (SEC) A new stage begins after Paul Atkins’s swearing as president of the agency. Commissioner Hester Peirce, a key figure in the crypto agenda of the regulatory entity, anticipated changes in the agency’s position against digital assets, particularly towards a more integrative approach.

During an interview with CointelegraphPeirce – who worked under the leadership of Atkins between 2004 and 2008 – expressed his enthusiasm for the possibility of collaborating again with the now president of the Sec. As commented, the new director of the agency is characterized by its vision for economic growth and its interest in regulated markets promoting prosperity.

The arrival of Atkins and Gensler’s legacy

Paul Atkins was appointed by President Donald Trump as successor of Gary Gensler, in a movement that many analysts interpreted as a favorable gesture towards the crypto ecosystem. His appointment was formalized yesterday, after being approved by the Senate.

During your confirmation audience before the Senate Bank Committee, Atkins was interrogated by its possible links with companies in the crypto sector, which could represent conflicts of interest in its new function. Despite this, Peirce defended the integrity of Atkins: “I hope I continue to comply with ethical standards. I worked with him and I have a high esteem for his integrity.”

The Sec It was temporarily composed of only four commissioners, instead of the usual five, after the departure in January of Gensler and the ex -commissioner Jaime Lizárraga. It is anticipated that Caroline Crenshaw also retires before 2026, which could leave the body dominated by Republican members if Trump does not name a Democrat.

Mark Uyeda, appointed by Trump as interim president in January, continued to lead some regulator events, such as a round table on cryptoactive custody scheduled for April 25. However, he announced his intention to return to his regular position as commissioner, opening the way to fully assume the presidency of the entity.

This leadership change occurs at a time when the digital asset ecosystem seeks legal and regulatory clarity. Under the administration of Gensler, the Sec was criticized for applying a strategy of “Regulation through legal actions”, which resulted in high profile demands against companies such as Coinbase, Ripple Labs and Binance.

Since January, under the interim direction of Uyeda, the agency has begun to abandon several of these judicial processes, which has been interpreted as a possible change of direction.

Industry expectations and opening signs

Peirce, recognized as one of the most favorable voices of cryptocurrencies within the regulator, said that the common objective must be to build a coherent and predictable regulatory framework for the sector.

“I think we all try to reach a good place, which is to provide regulatory clarity to the crypto,” held.

This new panorama generates expectations about how the relationship between the regulator and ecosystem actors will redefine Blockchain. The industry observes carefully the first steps of Atkins as president, in search of signs that confirm a less hostile approach and more open to dialogue.

For many, the arrival of Atkins represents a historical opportunity to re -enforce the mission of the Sec towards a balance between investor protection and innovation promotion.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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