Michael Saylor, CEO of Strategy (previously MicroStrategy), has expressed his strong support for newly appointed SEC Chairman Paul Atkins. In a recent X post, Saylor stated that "SEC Chairman Paul Atkins will be good for Bitcoin." This endorsement comes after Atkins' swearing-in as the 34th SEC chairman on April 21.
Saylor's words weight the crypto community. As the head of a major corporate Bitcoin holder, his viewpoint frequently influences market sentiment. His upbeat stance on Atkins points to the possibility of a more crypto-friendly regulatory climate. Other industry figures share Saylor's optimism. T. Rowe Price's Blue Macellari reported increased SEC involvement with crypto specialists, including many roundtables. She believes this will result in "thoughtful and considerate policies."
However, not everyone shares the same excitement. Senator Elizabeth Warren has criticized Atkins' previous decisions and industry links. She expressed concern about potential conflicts of interest due to Atkins' consultancy business and large financial portfolio.
As the crypto world watches closely, Atkins' term might have a huge impact on Bitcoin and the broader crypto ecosystem. Saylor's endorsement emphasizes the industry's optimistic outlook for regulatory development.
