US Senator Elizabeth Warren has sent a letter to SEC Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest.
Warren expressed her concern about Atkins' potential approach to crypto regulation, citing his previous roles during the 2008 financial crisis and as an advisor to the now-collapsed crypto platform FTX.
She also questioned Atkins about his views on the SEC's role in regulating the crypto spot market, the application of the Howey test to tokens, and the recent dismissal of several crypto litigations.
Warren further raised concerns about potential conflicts of interest related to Atkins' work on behalf of corporate interests and questioned him about the rumors of talks between the Trump family and Binance's US arm.