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Atkins SEC era sparks massive industry optimism, crypto execs speak out

The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy.

In the latest episode of Byte-Sized Insight with Cointelegraph, key industry figures weigh in on the implications of this leadership change and what it might unlock for innovation, investment and clarity for digital assets.

Crypto’s “golden age” continues

Chris Perkins, president of CoinFund, spoke with host Savannah Fortis and described his excitement regarding the new SEC chair, predicting a reduction in regulatory uncertainty under the new administration. 

“We were under this regulatory reign of terror, you know, under the Biden administration,” said Perkins. “Investors in assets, they’re very comfortable taking market risk… but they’re not comfortable taking reputational risk, and along with that is regulatory risk.”

He pointed out how it was not only investors and companies who were nervous under the last administration, but also developers in the crypto space who had been targeted for their work.

Perkins highlighted how a shift in the regulatory climate could catalyze growth.

“Now, again, you’re taking that personal liability off… So in a way, you have this perfect storm of new institutional capital coming in and new developers coming in. And I think the this is going to be a golden age for venture and value creation.”

Related: Paul Atkins’ loosely linked RSR token rises 13% after Coinbase listing

Katherine Dowling, general counsel and chief commercial officer at Bitwise Asset Management, agreed that change is already visible. 

“The mood has already changed,” she said. “We’ve seen a flurry of activity around certain legal cases… being dismissed, dropped… not because all regulation is going away… but because more work needs to be done to define what these digital assets are.”

Dowling emphasized that the shift is about clarity, not deregulation. 

“It’s a signal shift towards let’s take a step back and define what these are, what they look like, and how they should be regulated.”

What to expect from the Atkins era

James Gernetzke, chief financial officer of Bitcoin and crypto wallet Exodus, added that “the promise of being able to engage with a regulator on a reasonable basis… is going to be very helpful.” 

Gernetzke said he expects a return to “more normal time frames” for IPOs and access to capital markets. 

“I think the IPO rush… you will see probably towards the end… maybe months 10, 11, 12… it’s coming for sure.”

Perkins captured the broader sentiment, calling the incoming market structure bill a potential unlock. 

“This market structure bill is going to have a really big impact… because then I know what my asset is, and I have a process for capital formation. I have a process for disclosures… It’s going to be awesome.”

Cryptocurrencies, SEC, US Government

Listen to the full episode of Byte-Sized Insight for the complete interview on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify. And don’t forget to check out Cointelegraph’s full lineup of other shows! 

Magazine: SEC’s U-turn on crypto leaves key questions unanswered

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FBOT registry won’t bring offshore crypto exchanges to the US — Attorney

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<div>FBOT registry won't bring offshore crypto exchanges to the US — Attorney</div>

<div>FBOT registry won't bring offshore crypto exchanges to the US — Attorney</div>

The Foreign Board of Trade (FBOT) framework is designed for the legacy financial system and is a poor fit for cryptocurrency exchanges.

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‘Scam of all scams’: Crypto dev claims Trump-linked WLFI ‘stole’ his money

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‘Scam of all scams’: Crypto dev claims Trump-linked WLFI ‘stole’ his money

‘Scam of all scams’: Crypto dev claims Trump-linked WLFI ‘stole’ his money

A crypto developer says Trump-linked crypto project WLFI froze his tokens and refused to unlock them, calling it “the new age mafia.”

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Farage confirms he wants to deport women asylum seekers back to Taliban in Afghanistan

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Farage confirms he wants to deport women asylum seekers back to Taliban in Afghanistan

Nigel Farage has confirmed he wants to deport women asylum seekers back to the Taliban in Afghanistan if he becomes prime minister.

The Reform UK leader’s position on the topic has not been clear, with him previously saying he would send women back to the fundamentalist regime that took over after western militaries withdrew, before now saying he would.

Mr Farage was speaking to Sky News’ political editor Beth Rigby at the Reform UK party conference in Birmingham.

Politics live: Govt responds to Farage wanting early election

When asked if he would “detain” women and children and “send them back”, the Clacton MP said “yes”.

Challenged on when he said in August that he was not “discussing” women and children, Mr Farage claimed this was a reference to his desire to seeing men detained on arrival in the UK.

At the time he said he was “very, very clear” on the “deportation of illegal immigrants”, adding: “We are not even discussing women and children at this stage – there are so many illegal males in Britain, and the news reports that said that after my conference yesterday were wrong”

More on Migrant Crossings

Speaking today, Mr Farage claimed that the UK has a “duty of care” if a four-year-old arrives in a dinghy, for example – but not so for women and men.

“For clarity, those that cross the English Channel will be detained and deported, men and women,” Mr Farage went on.

“Children, we’ll have to think about.”

The Reform leader also rowed back on his pledge to stop all boats within two weeks if he is elected prime minister.

Speaking to the conference yesterday, Mr Farage said: “You cannot come here illegally and stay – we will stop the boats within two weeks of winning government.”

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Watch Farage face questions on his tax affairs

But speaking to Beth Rigby today, he changed tack – saying “the passing of legislation” would be required.

He said the boats would then be stopped within two weeks, or sooner.

In the interview with Rigby, Mr Farage tried to claim he did not say he would end the boats within two weeks of “winning government”.

But the video of his speech, as well as the transcript released by Reform UK, clearly show him saying: “We will stop the boats within two weeks of winning government.”

When asked why he wouldn’t be able to stop the boats within two weeks of winning government, Mr Farage said it was impossible and “no one” can prevent them crossing the Channel.

The Reform UK leader said the law he wants to introduce will be called the Illegal Migration Act once it is passed by parliament.

He confirmed his agenda includes leaving the European Convention on Human Rights, shutting down asylum hotels and housing people at RAF bases instead, as well as deporting Channel migrants.

Mr Farage also claimed that deportation flights would also begin within two weeks of the law changing, and this combination of factors would stop people from wanting to travel from France.

This strategy all depends on Reform UK winning the next general election – which Labour does not have to call until 2029.

However, Mr Farage says he believes the government will collapse in 2027 due to economic pressure and other factors.

Reform are currently well clear of Labour and the Conservatives in the polling, and are targeting next year’s Welsh, Scottish and English local election to try and win more power in councils and national assemblies.

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