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CoinDesk Podcast Network

COINDESK DAILY: SEC Nominee Paul Atkins Discloses $6M Crypto Holdings, Ties to FTX

Mar 28, 2025
Paul Atkins, the incoming SEC Chair, faced scrutiny during his confirmation hearing, revealing his impressive $6M in crypto holdings. Meanwhile, Ripple is teaming up with Chipper Cash to enhance cross-border payments in Africa, utilizing XRP for a competitive edge. The DeFi landscape is buzzing, especially with Uniswap Labs introducing new tools for seamless transactions across multiple chains. Additionally, the SEI Foundation is eyeing an acquisition of 23andMe, showcasing the ever-evolving intersection of tech and finance.
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Quick takeaways

  • Ripple's partnership with Chipper Cash aims to enhance cross-border transactions for five million users in Africa, promoting faster international payments.
  • Paul Atkins faced scrutiny during his confirmation hearing for SEC Chair due to his ties to past controversies and substantial crypto holdings.

Deep dives

Ripple's Expansion into Africa

Ripple has partnered with Chipper Cash, an African payments provider, to enhance cross-border transactions through Ripple payments and XRP. This collaboration aims to provide Chipper Cash’s five million customers in nine African countries with faster and cheaper methods to receive international funds. The partnership builds on Ripple's previous venture into Africa with OnAfrique, showcasing Ripple's commitment to strengthening its global payments network. Despite a recent dip in XRP prices to around $2.22, the cryptocurrency has still seen a remarkable increase of over 300% in value over the past four months.

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