President-elect Donald Trump has confirmed his intention to nominate Paul Atkins, a former SEC Commissioner, as the new leader of the Securities and Exchange Commission (SEC). This move is part of his broader plan to establish a crypto-friendly government.
The announcement comes soon after the resignation of the current SEC Chair, Gary Gensler. Gensler’s tenure is set to conclude on January 20, aligning with Trump's inauguration. This leadership change may signal a shift towards clearer regulations in the cryptocurrency sector.
Source: bitcoinist.com ↗