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International Business Times
International Business Times
Business
Marvie Basilan

SEC Delays Decision On $XRP, $DOGE ETFs, Raising Concerns On Paul Atkins Chairmanship

SEC Paul Atkins XRP ETF Crypto Gary Gensler Elizabeth Warren Mark Uyeda Bitcoin
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

  • The SEC said it needs more time to evaluate the crypto ETF proposals
  • Some $XRP holders are now questioning whether Atkins was a good choice after all
  • Some X users pointed out that the scenario is similar to Gensler's early days at the SEC
  • $XRP and $DOGE prices plunged overnight amid news of the delays

The U.S. Securities and Exchange Commission (SEC) on Tuesday revealed it is delaying a decision on proposed XRP and Dogecoin (DOGE) exchange-traded funds (ETFs), raising questions on whether new Chair Paul Atkins was "a good choice" to lead the regulatory agency.

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