Paul Atkins has officially taken office as the Chair of the Securities and Exchange Commission (SEC) in a ceremony held at the White House on Tuesday. His appointment comes at a crucial time when regulatory clarity around digital assets is becoming increasingly imperative. Atkins emphasized that his primary objective will be to establish a robust framework for the governance of digital assets while ensuring that politics do not interfere with the securities legislation process.

Cryptocurrency exchange Coinbase $COIN ended the fourth quarter of 2024 with record profits, significantly surpassing analysts' expectations. According to data compiled by LSEG, the company earned $4.68 per share in the last three months of the year — more than double the forecasted $1.81.