President-elect Trump is reportedly considering Paul Atkins, a known crypto ally, for the position of SEC chairman. This development has sparked optimism in the digital asset markets, particularly affecting the perception of cryptocurrencies like XRP and RSR.
Atkins' potential role as SEC chairman is seen as favorable for the crypto industry, given his longstanding support. These speculations have resulted in increased enthusiasm among investors.
The market's reaction highlights the significant impact of regulatory leadership on the sentiment towards digital assets.
