SEC Chairperson Paul Atkins: His first priority is to work with colleagues and Congress to provide a solid regulatory foundation for digital assets

On March 27, Fox Business News reporter Eleanor Terrett tweeted that Paul Atkins, President Trump's nominee to chair the SEC, plans to abandon the previous administration's draconian approach to enforcement: "It takes industry experience and dedicated application to ensure that customers and investors benefit from efficient, effective, and well-designed regulation. Our mission at the SEC should be to facilitate these efforts and, where necessary, use enforcement powers to correct and correct wayward behavior." On digital assets: "My first priority as chair is to work with my fellow commissioners and Congress to provide a solid regulatory foundation for digital assets through a sound, coherent, and principled approach."