Sources: Paul Atkins wants Republican commissioners Hester Peirce and Mark Uyeda to lead crypto policy
According to sources, SEC chairperson nominee Paul Atkins recently expressed his desire to have Republican commissioner Hester Peirce (known as "crypto mom") lead crypto policy with her Republican colleague Mark Uyeda.
It is reported that Peirce wants to lead an internal crypto working group that will reassess the agency's approach to digital assets and open a public dialogue with the industry. Peirce's term ends in June and it is unclear if she hopes to be nominated again for the position. Uyeda's term ends in 2028.
Paul Atkins has spoken publicly about the need to develop best practices for digital assets and their trading platforms. Since 2017, he has served as co-chair of the Token Alliance, an industry-led initiative of former regulators, industry experts, and lawyers to promote the mainstreaming of digital assets. He is also on the advisory board of the Digital Chamber, a Washington, D.C.-based crypto advocacy group.