Paul Atkins has been appointed as the 34th chairman of the US Securities and Exchange Commission (SEC), marking his return to the agency. He has expressed his commitment to supporting capital formation, protecting investors, and promoting fair and efficient markets. Atkins is expected to take a more favorable stance towards digital assets, with a focus on crypto regulation. Industry leaders believe his appointment could lead to advancements in the approval of Bitcoin-backed securities and progress on crypto ETF rule change applications.

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