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International Business Times
International Business Times
Business
Marvie Basilan

New SEC Chair Paul Atkins Under Pressure With 72 Crypto-Related ETF Applications, $XRP Leads Filings

Paul Atkins speaks to Sen. Elizabeth Warren, D-Mass., during his Senate confirmation hearing. Senate Banking Housing and Urban Affairs Committee YouTube Channel | Senator Elizabeth Warren Questions SEC Nominee Paul Atkins (Credit: Senate Banking Housing and Urban Affairs Committee on YouTube / Screenshot)

KEY POINTS

  • Among Atkins's responsibilities is decision-making on 72 crypto-related ETFs
  • $XRP has the most filings so far, but $SOL applications are also piling up
  • Atkins is known for his pro-innovation and anti-regulatory overreach views

Paul Atkins has officially been sworn in as the new chair of the U.S. Securities and Exchange Commission (SEC) and the cryptocurrency industry is watching him closely as he has a full-packed schedule ahead of him with over 70 crypto exchange-traded funds (ETFs) to check.

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