Atkins

Ripple vs. SEC Showdown Nears Climax as Settlement Talks Intensify; New SEC Chair Paul Atkins Could Influence Outcome

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As the January 15 deadline nears, the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has caught the attention of investors and legal experts alike. The outcome of this high-profile case could significantly influence the cryptocurrency market, particularly for holders of XRP, Ripple’s digital currency. Jeremy Hogan, a notable legal commentator, has indicated that a settlement might occur around April or May, which could potentially benefit XRP investors. Adding to the complexity, former SEC lawyer Marc Fagel noted that the initial ruling was mixed: the SEC had both a partial victory … Read more

Trump Appoints Crypto Advocate Paul Atkins to Transform SEC and Foster Innovative Financial Markets

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WASHINGTON — In a strategic shift that could shape the future trajectory of U.S. financial oversight, President-elect Donald Trump has announced his tap of Paul Atkins, a known financial deregulation advocate and cryptocurrency proponent, as the next head of the U.S. Securities and Exchange Commission (SEC). This move signals a potential overhaul of the regulatory landscape currently helmed by Gary Gensler, who has been noted for his stringent crackdown on the cryptocurrency industry during the Joe Biden administration. Paul Atkins, a seasoned figure in financial regulatory circles, has previously served as an SEC commissioner. His … Read more