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US Senate Approves Paul Atkins as New SEC Chairman

  • The U.S. Senate has approved Paul Atkins as the new SEC Chairman in a 52-44 vote.
  • Atkins, a former Wall Street consultant, was nominated by President Trump in December 2020.
  • Atkins is expected to adopt a more favorable stance on crypto regulation and improve rulemaking for the industry.
  • His experience and leadership are expected to boost capital formation, support retail investors, and bring regulatory clarity to digital assets.

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