Trump Eyes Pro-Crypto Paul Atkins as Next SEC Chair
Some rumors suggest that President-elect Donald Trump has chosen pro-crypto candidate Paul Atkins to lead the SEC under his administration. However, Atkins has yet to officially accept the role.
Paul Atkins served as SEC Commissioner under President George W. Bush from 2002 to 2008.
The new SEC chairman has not yet been formally confirmed
As BeInCrypto reported earlier, Trump may New SEC Chairman appointed this week. Multiple industry influencers claim Trump made a formal offer to Atkins today.
If appointed, Atkins expected to drive policy Encourage the growth of the crypto industry, with Gary Gensler’s Stricter regulatory measures.
“Trump’s selection of pro-crypto pioneer Paul Atkins to lead the SEC marks a huge victory for the cryptocurrency industry. Atkins is known for his forward-looking stance on digital assets Known for his commitment to delivering clear, innovation-friendly regulations that will ultimately put the United States at the forefront of global cryptocurrency leadership,” Mario Nawfal. release on X (formerly Twitter).
Atkins also actively criticized SEC files lawsuit against Ripple and Ripple. he even suggestion There are inconsistencies in the lawsuit and Gensler could withdraw the lawsuit.
However, the current SEC chairman remains steadfast in his decision to review altcoins, which has had a significant impact on their market performance over the years. Gensler announces resignation Last month, he was set to step down in January.
Trump has chosen cryptocurrency supporter Paul Atkins to serve as Securities and Exchange Commission (SEC) chairman, according to three sources familiar with the discussions. XRP to $10 is my goal! Goodbye Gary, hello Ripple Pumps,” Influencer Oscar Ramos Wrote on X.
Despite the rumors, some sources say Atkins is unlikely to accept the offer. He currently has multiple business interests, and serving as SEC chairman would require him to resign from those entities. For someone who has led the SEC for five years, that may be an unappealing proposition.
Many people have asked me if reports that Paul Atkins has been selected as the next SEC Chairman are true. I’ll say this: This news can’t be confirmed until we see an official statement from Donald Trump himself. ” FOX Business reports Eleanor Treat Wrote on X.
However, these speculations have begun to affect the cryptocurrency market. XRP has gained 1.5% in the past hour, back to $2.57. Most notably, Rights Reserved RSR Token Shares have soared nearly 30% since the news broke. Report Indicates that Atkins previously served as a member of the RSR Advisory Board.
Overall, an official chairman of the SEC has yet to be determined. Looks likely to be whoever replaces Gary Gensler A radical change in the agency’s stance on cryptocurrencies and actively changing the U.S. regulatory environment.
Disclaimer
follow trust project BeInCrypto is committed to fair and transparent reporting. This news article is designed to provide accurate and timely information. However, readers are advised to independently verify the facts and consult a professional before making any decisions based on the content of this article. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
