Sources: Paul Atkins hopes to have Republican Commissioner Hester Peirce lead cryptocurrency policy alongside Mark Uyeda

2024-12-05 08:19:48
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ChainCatcher news, according to sources, the nominee for the chair of the SEC, Paul Atkins, recently expressed a desire to have Republican Commissioner Hester Peirce (known as "Crypto Mom") lead the crypto policy alongside her Republican colleague Mark Uyeda.

It is reported that Peirce hopes to lead an internal crypto working group that will reassess the agency's stance on digital assets and engage in open dialogue with the industry. Peirce's term will end in June, and it is currently unclear whether she wishes to be nominated for the position again. Uyeda's term will end in 2028.

Paul Atkins has publicly stated the need to establish best practices for digital assets and their trading platforms. Since 2017, he has served as the co-chair of the Token Alliance. The Token Alliance is an industry-led initiative composed of former regulators, industry experts, and lawyers aimed at promoting the mainstream adoption of digital assets. He is also a member of the advisory board of the Digital Chamber of Commerce, a crypto advocacy organization based in Washington, D.C.

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