The appointment of Paul Atkins to the position of Chair of the U.S. Securities and Exchange Commission sent shockwaves throughout the global cryptocurrency community following his nomination by President-elect Donald Trump.
The move marks the end of the Gary Gensler era of strict regulation and ushers in a new, potentially riskier chapter for the fast-growing U.S. cryptocurrency industry.
President-elect Donald Trump announced on December 4, 2024, via the Truth Social platform, his appointment of Paul Atkins, currently Chief Executive Officer at Patomak Global Partners and a former commissioner at the SEC, as the new Commission head. The move made headlines in various media outlets and across the entire global cryptocurrency community.
Trump praised Atkins as “an outstanding leader in crafting practical regulations,” considering his broad expe ..
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