U.S. Senate Banking Committee Advances SEC Nominee Paul Atkins
The U.S. Senate Banking Committee has advanced the confirmations of Paul Atkins for the SEC and Jonathan Gould for the OCC, both crucial for future crypto regulation. Key points include:
- Votes were 13-11 along party lines.
- Atkins aims to enhance capital formation and clarify digital asset regulations.
- Gould intends to end politically-motivated debanking affecting the crypto sector.
- Senator Elizabeth Warren criticized both nominees, citing their past roles in financial crises.
- Recent hearings did not deeply address crypto issues but highlighted their future involvement.