President-elect Donald Trump has selected Paul Atkins, a pro-business conservative and former S.E.C. commissioner, to lead the Securities and Exchange Commission, emphasizing a potential shift towards lighter regulations especially concerning digital assets.
Paul Atkins is known for his extensive experience with the S.E.C., having served under both Republican and Democratic administrations. His appointment signifies a return to a regulatory approach that favors innovation over strict oversight.
Trump praised Atkins as a 'proven leader for common sense regulations' and highlighted his understanding of the importance of digital assets in advancing America's economic growth and innovation.
Mr. Atkins' past experience includes advising on regulatory issues for cryptocurrencies as co-chair of the Token Alliance. His expertise aligns with Trump's vision for fostering innovation in finance.
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