Cryptocurrency-focused venture capital firms are hopeful about President-elect Donald Trump's appointment of Paul Atkins as the new chair of the Securities and Exchange Commission (SEC). They anticipate a shift from the policies of the current era under Gary Gensler, which were seen as less favorable to the crypto industry.
Given Atkins' previous experience and the potential policy changes, many in the crypto-focused VC community expect an environment that could foster more innovation and growth within the industry. Trump's decision is seen as a positive development by these firms, which align with Atkins' perspectives on regulatory approaches.
