Michael Saylor, the CEO of Top Corporate Bitcoin Holder Strategy (formerly microstrategy), has expressed support for newly designated US Securities and Exchange Commission (SEC) Chair Paul Atkins.
In an April 23 X post, Saylor wrote “Sec Chairman Paul Atkins would be good for Bitcoin.” The statement follows at the Atkins’ Surprise-in As the SEC chairman -34 on April 21.
Blue Macellari, head of digital investment firm T. Rowe Price, also commented positively on swearing at Atkins during a recent Bloomberg interview. It was as if he had hopeful and met A change in how the SEC acted Under the new administration, especially in crypto -related information, including “close to six or seven roundtables” along with industry professionals. He said:
“I think it will feed the ability to make thoughtful and thoughtful policies.”
Related: SEC and Feds charged man over $ 200m Crypto trading scheme
Who are Atkins, and what does he mean for crypto?
Accolades from crypto industry representatives immediately followed Atkins’ US president Trump’s appointment in late 2024. Bitwise Asset Management General Counsel Katherine Dowling said at the time she was a “great choice,” and Ripple Labs CEO Brad Garlinghouse said “she will return the usual meaning to the agency.”
Not everyone is happy with choosing. Massachusetts Senator Elizabeth Warren Atkins’ nomination hearing That he had a “staggeringly bad judgment” of his role as a SEC Commissioner leading the financial crisis in 2008. Atkins served the agency from 2002 to 2008.
He also raised an issue with his Consulting Firm, Patomak Global Partners, who advised the Crypto Exchange FTX before the fall of 2022. Warren said:
“Your clients pay you north of $ 1,200 a time for advice on how to influence regulators like SEC, and if you are confirmed, you are in a chief place to deliver for all clients who have been paying you millions of dollars for many years.”
Related: Sec says this does not re-file a fraud case against Hex’s Richard Heart
Atkins accused the bias
Warren din sent a letter At the Atkins in late March, saying that he should expect questions about his potential role in the agency because of his contact with the crypto industry through patomak. Before assignment, The Atkins announced a personal and family financial portfolio It costs more than $ 327 million, according to a public filing ethics released in advance of his Senate confirmation hearing.
Similarly, the artificial intelligence of Trump and Crypto Czar, David Sacks, filed a notice in early March suggesting his venture capital firm Sold more than $ 200 million In crypto and relevant stocks lead his paper.
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