Trump Appoints Crypto Advocate Paul Atkins as SEC Chair
TL;DR Summary
President-elect Donald Trump has chosen Paul Atkins, a former SEC Commissioner and current CEO of Patomak Global Partners, as the new head of the Securities and Exchange Commission. Atkins, known for his support of cryptocurrencies, is expected to influence regulations favorably for the crypto industry, which has seen a surge in prices following Trump's election. This appointment marks a shift from current SEC Chair Gary Gensler's aggressive enforcement actions against the crypto sector. Critics are concerned about the potential risks associated with cryptocurrencies, including fraud and illegal activities.
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- Trump Picks Paul Atkins to Run the S.E.C. The New York Times
- Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move CNBC
- Trump taps Paul Atkins to lead SEC, signaling shift on crypto regulation The Washington Post
- Former SEC commissioner Atkins picked to lead Wall Street regulator POLITICO
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