Ripple CEO Brad Garlinghouse praised Paul Atkins’ nomination as SEC Chair, voicing optimism for crypto’s future under his leadership.
Brad Garlinghouse, the CEO of Ripple, has publicly addressed the nomination of Paul Atkins as the next Chairman of the U.S. Securities and Exchange Commission (SEC).
Garlinghouse, who is recognized for his unwavering commitment to crypto regulation, expressed his enthusiasm for the industry’s future under Atkins’ guidance.
Ripple CEO described Atkins as “an outstanding choice” in a statement, stating that she would bring common sense to the SEC.
US SEC Chair For Crypto IS Paul Atkins, Who Is Welcomed By Ripple CEO Brad Garlinghouse
Brad Garlinghouse, the CEO of Ripple, recently conveyed his enthusiastic support for Paul Atkins’ nomination as the new Chair of the U.S. Securities and Exchange Commission (SEC) in a post on X.
Ripple CEO characterized Atkins as “an exceptional selection.” Atkin’s reputation and experience as an advocate for “common sense” regulatory measures were underscored by the Ripple CEO.
Garlinghouse believes that Atkins’ leadership has the potential to herald in a new era for the crypto industry. Brad underscored,
“Paul Atkins at the helm of the SEC will bring common sense back to the agency. Along with Hester Peirce and Mark Uyeda, it’s time to swiftly and definitively end the prohibition era on crypto, restoring freedom of choice, economic growth, and innovation.”
Garlinghouse’s remarks underscore his unwavering advocacy for cryptocurrency market regulations that are more transparent.
Garlinghouse had previously predicted that the crypto industry would flourish under the leadership of Donald Trump.
Senator Cynthia Lummis Endorses Paul Atkins For Position Of US SEC Chair
Furthermore, Cynthia Lummis, a U.S. Senator, expressed her endorsement of the Ripple CEO’s perspective on Paul Atkins’ nomination as SEC Chair.
Lummis, a proponent of digital assets, issued a statement in which she lauded Atkins’ appointment as a “significant victory for financial innovation.”
The senator, who has contributed significantly to the development of crypto legislation, underscored the significance of the SEC’s appointment of a pro-digital asset leader.
She emphasized President Trump’s commitment to establishing the most pro-crypto administration in U.S. history and expressed her enthusiasm for collaborating with Atkins to foster innovation.
Lummis has been a vocal critic of the SEC’s position on digital assets for a long time and has been working to improve the clarity of the crypto regulatory framework.
The crypto advocate recently suggested that the US national debt could be reduced over the next two decades by purchasing Bitcoin in a recent report.
She proposed that the increasing value of Bitcoin could serve as a counterbalance to the US dollar’s diminishing purchasing power by initially accumulating approximately 200,000 BTC and subsequently increasing it to 1 million BTC.
Atkins, who was an SEC Commissioner from 2002 to 2008, has a history of addressing regulatory concerns.
Ripple’s CEO believes that Atkins has the potential to revolutionize the SEC’s position on digital assets.
Additionally, Atkins has provided guidance for cryptocurrency initiatives such as Reserve Rights (RSR).
His expertise in digital assets and blockchain technology will facilitate his leadership of the US Securities and Exchange Commission.
