Paul Atkins, the candidate to take over the American Securities and Exchange committee, is planned for a confirmation audience of the US Senate next week, putting the choice of President Donald Trump for the presidency of the dry on the right track to start working next month.
During the same hearing of March 27, the Senate committee also weighs the appointment of Jonathan Gould to take over the office of the Currency Controller, which oversees the US national banks – a key area of interest for cryptographic companies that fought a long battle for banking access, announced the Senate banks committee in an email on Thursday.
Atkins is a former SEC commission and a digital asset defender who headed a Washington company advising customers on financial compliance issues. He is expected to continue the SEC Pro-Crypto momentum that started after Trump returned to the White House and appointed acting president Mark Uyeda.
The OCC will not only be a key agency to open access to the digital asset sector at American banks, but it could also be a regulator for future stablecoin issuers, according to current legislative efforts.
The panel will also consider the appointment of Luke Pettit as the assistant secretary of the Treasury during the session on Thursday.
Trump appointed Atkins to succeed the former president of the SEC, Gary Gensler, whose actions at the head of the securities regulator attracted accusations of “application by application” of the cryptographic industry. Uyeda has changed its approach from its predecessor since its agency care on a provisional basis, withdrawing from several proceedings that the SEC has brought against cryptographic companies in recent years and by taking a break from others. The SEC also told a number of cryptographic companies that it closed in surveys on these companies.
