Paul Atkins was sworn in as the 34th chairman of the SEC on April 21, following Senate confirmation in a 52-44 vote earlier this month. Atkins, who previously served as agency’s commissioner from 2002 to 2008, now steps back into the regulatory spotlight with a clear mission: to foster capital formation, safeguard investor interests, and enhance market efficiency. A New Chapter at the SEC “I am honored by the trust and confidence President Trump and the Senate have placed in me to lead the SEC,” said Atkins in a statement. “Together we will work to ensure that the U.S. is the best and most secure place in the world to invest and do business.” His appointment has been welcomed by many in the digital assets community, particularly as expectations rise for a more crypto-friendly approach than that taken under Gary Gensler’s tenure during the Biden administration. Notably, Atkins’ confirmation process faced delays due to extensive financial disclosures, including up to $6 million in crypto-related investments, such as stakes in Anchorage Digital and Securitize. Crypto Enforcement Eases Under New Leadership Atkins takes over from acting chair Mark Uyeda, who, earlier this year, launched a Crypto Task Force to bridge the gap between the SEC and blockchain innovators. Since then, the Commission has quietly dismissed several high-profile crypto enforcement actions, including those against Coinbase, Consensys, Gemini, and Uniswap—decisions that have fueled optimism about a potential regulatory reset. Meanwhile, the SEC is facing a flood of applications for crypto ETFs , with Bloomberg reporting that over 70 such applications are currently under review. These range from ETFs tied to major digital assets like XRP and Solana to more unconventional offerings, including meme coins and experimental tokens. “Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between,” noted Bloomberg’s ETF analyst Eric Balchunas on X. His colleague, James Seyffart, described the surge as a “spaghetti cannon approach,” where issuers are throwing a wide variety of products at the wall to see what sticks under Atkins’ leadership. As the industry watches closely, 2025 is shaping up to be a pivotal year for crypto regulation in the United States—and Paul Atkins is now at the helm. The post Paul Atkins Sworn in as SEC Chair, Signaling Softer Stance on Crypto Regulation appeared first on TheCoinrise.com .