SEC's New Chairman Atkins Signals a Crypto-Friendly Era
22.04.2025 00:38
Paul Atkins was sworn in as the 34th chairman of the Securities and Exchange Commission on April 22, 2025, following his Senate confirmation on April 9 by a 52-44 vote. Appointed by former President Trump, Atkins replaces acting chair Mark Uyeda and is widely expected to lead a more crypto-friendly SEC compared to his predecessor, Gary Gensler. The new chairman’s background includes prior tenure as an SEC commissioner under President George W. Bush, and his financial disclosures revealed up to $6 million in crypto-related investments. In a significant policy shift, the SEC under Atkins has dismissed several high-profile crypto-related investigations and enforcement actions involving entities such as Coinbase, Consensys, Gemini, and Uniswap. This move is seen as a signal of potential regulatory easing, reducing the uncertainties that have long shadowed crypto projects and possibly paving the way for broader innovation and capital formation in the crypto industry.
The appointment of Paul Atkins is likely to have a positive impact on UNI’s price. The shift toward a more crypto-friendly regulatory stance, coupled with the dismissal of high-profile investigations, is expected to reduce legal uncertainties, thereby boosting investor confidence. In the short term, the easing of enforcement may lead to an immediate uplift in market sentiment and trading volumes for UNI. Long-term effects could include increased institutional participation and broader adoption as regulatory clarity improves. Quantitative market indicators such as reduced volatility and increased liquidity may further support a positive price trajectory for UNI.