Trump’s new pick for the next SEC Chair is a win for the crypto industry, but the desired changes may be slow to come into play.
President-elect Donald Trump has tapped pro-crypto businessman and former SEC commissioner Paul Atkins as the next chair of the SEC under his administration, fulfilling his promise to replace current chair Gary Gensler, to the delight of the crypto industry.
Here’s what we know about Atkins and the potential changes he could bring to the crypto industry if he’s confirmed as expected by Congress in 2025.
Atkins served as a Republican SEC commissioner from July 2002 to August 2008, having been appointed to the role under George W. Bush.
