CoinDesk Podcast Network COINDESK DAILY: SEC Chair Paul Atkins Sworn In
Apr 22, 2025
The new SEC Chair, Paul Atkins, is set to bring hope for crypto-friendly policies in the U.S. as he is sworn in. The implications of this leadership change could influence pending crypto ETFs and international reactions. Meanwhile, the European Central Bank expresses concerns over stablecoin legislation. Additionally, Bitcoin miners are finding ways to navigate challenges posed by tariffs.
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SEC Chair Boosts Crypto Optimism
- Paul Atkins' appointment as SEC Chair is expected to promote crypto-friendly policies in the U.S.
- This change could speed up approval of 70+ crypto ETFs and boost innovation in digital assets regulation.
EU Regulators Clash Over Stablecoins
- The European Central Bank fears U.S. dollar-backed stablecoins could threaten European financial stability.
- The ECB and European Commission disagree, highlighting tensions over crypto regulation and a digital euro.
Bitcoin Miners Evade Tariffs Tactics
- Some Bitcoin miners try to evade Trump's tariffs by under-reporting ASIC shipment values and changing shipment routes.
- These tactics respond to seizures of Chinese mining hardware, affecting a $30 billion ASIC market dominated by Chinese firms.