Next SEC President Paul Atkins has up to $ 6 million of encryption assets-although there is no Bitcoin

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Paul Atkins, President Donald Trump Solana and Cardano, he claimed that it was unregistered securities. SEC also targeted celebrities like Kim Kardashian and Lindsay Lohan To enhance symbols, among other individuals. The encryption industry fought and argued that the old securities law for decades did not apply to new technology. Executive officials such as Brian Armstrong, CEO of Coinbase, have argued that the government must draft legislation for Blockchains, instead of cutting in the encryption sector.

Atkins was the head of the second from 2002 to 2008 under the leadership of President George W. Bush. Recently, he held the position of CEO of his Patomak Global Partners. He was supporting the invitations of the organization for the organization. “The collapse of FTX was an international catastrophe because I believe that the United States did not set our rules in absorbing this new technology,” he said in 2023. interview.

As part of his ethics agreement, ATKINS also agreed to step down from a position in the Tokeen Digital Commune Digital Alliance, a group of policies calling for encryption companies.

This story was originally shown on Fortune.com



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