CandleFocus Ripple CEO Hails Trump SEC Nominee Paul Atkins as 'Outstanding'
2024-12-04
Author: Content Editor
Brad Garlinghouse, CEO of Ripple, has expressed his support for the nomination of Paul S. Atkins as the next chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump. Garlinghouse praised Atkins' potential to reshape the SEC's approach to digital assets and called him "an outstanding choice." Atkins, a vocal advocate for cryptocurrencies and blockchain innovation, is known for his balanced approach to regulatory oversight. The nomination is seen as a potential turning point for the SEC's relationship with cryptocurrencies, and industry leaders are optimistic for a more crypto-friendly SEC under Atkins' leadership. If confirmed, Atkins is expected to drive a regulatory framework that fosters innovation while protecting investors, which could be beneficial for Ripple in its appeals phase of the SEC lawsuit.
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