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What will be Paul Atkins' role in the SEC by February 28, 2025?
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Resolution / Starting Odds
SEC Chair • 25%
SEC Commissioner • 25%
Advisor • 25%
No official role • 25%
Official SEC or government announcements
Story
SEC to Overhaul Crypto Policies, May Freeze Enforcement Under Trump Next Week
Jan 15, 2025, 03:16 PM
The U.S. Securities and Exchange Commission (SEC) is set to undergo a significant overhaul of its cryptocurrency policies under the incoming administration of President-elect Donald Trump. According to Reuters, the SEC plans to review and potentially freeze or withdraw enforcement actions against crypto firms, particularly those not involving fraud allegations. This shift in policy is expected to begin as early as next week, following Trump's inauguration. The new SEC leadership, including Hester Peirce and Mark Uyeda, known for their crypto-friendly stances, will be instrumental in these changes. Paul Atkins, Trump's nominee for SEC chair, is anticipated to lead the agency in a direction more favorable to the crypto industry, potentially easing accounting rules that have deterred companies from holding crypto for clients.
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Confirmed • 33%
Withdrawn • 34%
Rejected • 33%
Other • 25%
Increased oversight of exchanges • 25%
Crypto-friendly regulation • 25%
Policy on ICOs and token offerings • 25%
Enhancing market transparency • 25%
Crypto regulation reform • 25%
Reducing financial regulation • 25%
Other • 25%
Yes • 50%
No • 50%
No major policy change • 25%
Crypto regulation easing • 25%
Crypto regulation tightening • 25%
Focus on traditional securities • 25%
Increased focus on fintech innovation • 25%
Relaxation of existing securities regulations • 25%
Crypto regulation overhaul • 25%
Other • 25%
Stricter financial oversight • 25%
Other • 25%
Crypto regulation easing • 25%
Focus on AI and fintech • 25%
No significant change • 25%
More lenient regulations • 25%
Focus on enforcement actions • 25%
More stringent regulations • 25%