Paul Atkins, the nominee of US President Donald Trump for chairman of the SEC, has pledged a 'rational, coherent, and principled approach' to cryptocurrencies.
Atkins has committed to divesting his crypto-related holdings if confirmed to lead the SEC.
He has stated that a top priority will be establishing clear regulatory guidelines for digital assets.
Atkins' approach to cryptocurrencies is in contrast to the hostile approach of former SEC chairman, Gary Gensler.