President-elect Donald Trump is set to nominate former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission (SEC), reinforcing his commitment to a crypto-friendly administration.
Atkins, currently the CEO of Patomak Global Partners, has significant experience in the financial sector and is expected to present a clear regulatory framework for the crypto ecosystem.
The President-elect administration's focus on easing regulations is expected to provide a more supportive environment for Bitcoin and other digital assets.
During his prior tenure as SEC Commissioner, Atkins advocated for less regulatory burden on financial markets and is seen as a pro-deregulation voice for the SEC.