Paul Atkins has been appointed as the new Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump. He is set to join Commissioners Hester Peirce and Mark Uyeda. This change at the SEC has sparked interest within the financial markets.
The announcement of this new leadership team, being referred to as the "dream team" by attorney Jeremy Hogan, marks a significant moment for the SEC. It is anticipated to bring some transformative policies that resonate with a "common sense" approach towards regulation.
Following the announcement, Bitcoin experienced a historic surge, reaching $100,000 for the first time. This reflects the market's optimism regarding the new SEC leadership's potential influence on cryptocurrency regulation.
Source : coinedition.com ↗