Finally, the IT and crypto communities know who they might be answering to in the upcoming four years.
In the realm of cryptocurrency, Paul Atkins will be the nominee of President-elect Donald Trump to head the Securities and Exchange Commission. Compared to Gary Gensler, who oversaw the commission during the Biden administration, he is anticipated to regulate cryptocurrencies like bitcoin more loosely.
Since 2017, Atkins has been a co-chairman of the Token Alliance, a crypto advocacy group run by the Digital Chamber.
Trump wrote on Truth Social, “Paul is a proven leader for common sense regulations.” He thinks that strong, creative capital markets that are receptive to investor demands and that supply funding to make our economy the finest in the world hold great promise.
