Candidates for US SEC Chairman can resume in 48 hours

Paul Atkins, the candidate who will lead the Securities and Exchange Commission as chairman, is likely to be confirmed and cleared for work by the end of this week. According to a scoop by independent journalist Eleanor Terrett, the US Senate is scheduled for an important vote that could pave the way for him to confirm.

Mark Ueda counts his days as acting SEC chair.

Terrett said the Senate is scheduled to vote a coagulation vote for chairman candidate Paul Atkins at 11:30am on April 9th.

As pointed out, this vote on this solidification is the next step towards his confirmation. If the vote is successful, Paul Atkins may win a full confirmation vote as early as 7pm.

Since the new US administration was on board, Mark Weda has filled the gap as acting chairman of the committee. Under Weeda, ripple lawsuits have been closed, and many pro-cryptic moves have been made up to now.

However, a confirmation of Paul Atkins means ending the reign of Mark Weda.

Is Paul Atkins suitable for Crypto as an SEC chair?

Many industry leaders have used his records by examining Paul Atkins’ nominations and leading committees. As a former commissioner, he has always advocated custody policies and may maintain this push when he takes office.

The crypto ecosystem has shifted from Gary Gensler’s aggressive positioning, which prefers enforcement-by-enforcement regulation. Continuously summoned by the cryptography leaders hopes things will be different over the next four years.

With most of the aggressive enforcement policies outside the door, expectations for new products such as Dogecoin ETFs and related products remain strong under Atkins.