Several rumored reports suggest that President-elect Donald Trump has chosen pro-crypto candidate Paul Atkins to lead the SEC under his government. However, Atkins is yet to accept the role formally.

Paul Atkins previously served as the SEC commissioner under President George W. Bush between 2002 to 2008. 

The New SEC Chair is Yet to be Officially Confirmed 

As BeInCrypto reported earlier, Trump is potentially set to name a new SEC chair this week. Multiple industry influencers have claimed that Trump has extended the official offer to Atkins today. 

If appointed, Atkins is expected to promote policies that encourage growth in the crypto sector, contrasting with Gary Gensler’s more stringent regulatory approaches.  

“Trump has chosen Paul Atkins, a pro-crypto trailblazer, to lead the SEC—marking a massive win for the crypto industry. Atkins, known for his forward-thinking stance on digital assets, promises to deliver clear, innovation-friendly regulations that could finally put the U.S. at the forefront of global crypto leadership,” Mario Nawfal posted on X (formerly Twitter). 

Atkins has also actively criticized the SEC’s lawsuit against Ripple and XRP. He even suggested that there were inconsistencies in the lawsuit and that Gensler could withdraw the lawsuit.

However, the current SEC chair remained firm in his decision to scrutinize the altcoin, which significantly impacted its market performance over the years. Go to Source to See Full Article
Author: Mohammad Shahid