Coinbase CLO Applauds Paul Atkins' SEC Nomination
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US SEC Chair Nominee Paul AtkinsCoinGape
•Business
Business & Economics
Coinbase CLO Applauds US SEC Chair Nominee Paul Atkins Ahead of Senate Confirmation
79% Informative
Paul Atkins has been nominated to be the next chairman of the U.S. Securities and Exchange Commission .
Atkins' nomination has sparked strong reactions from both supporters and critics.
Atkins plans to divest $ 25 M stake in Patomak Global Partners within 90 days to address conflict of interest concerns.
Senator Elizabeth Warren criticizes Atkins for ties to Wall Street and digital asset firms.
Critics of Gensler ’s approach see Atkins as a favorable alternative.
“It’ll be more of an emphasis on capital formation and investment choice,” said Nick Morgan , a former SEC attorney.
This shift could provide a clearer path for companies in the digital asset sector.
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