Donald Trump Nominates Crypto Supporter Paul Atkins To Head Securities Regulator (SEC)

in #hive-16792212 days ago

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I am faiz back again with some craze. Donald's thinking has been in favor of crypto, proof of which is that Trump has chosen Paul Atkins to take charge of America's market regulator SEC which is the Securities and Exchange Commission. The good thing is Paul is a supporter of cryptocurrency, he advocates it strongly. Currently, Gary Gensler is the head of the Security Exchange Commission, removing Gary from the post of Security Exchange Commission chairman was one of Donald Trump's election issues. Gary Gensler is a person who doesn't like cryptocurrency and he has made decisions that are always against the crypto.

Paul Atkins is a crypto crypto-friendly guy and Donald Trump's successor as Security Exchange Commission chairman. You should know that Paul Atkins already works as an advisor to hedge funds of cryptocurrency firms. Donald Trump said on this Wednesday, December 4, that Paul atkins is a great leader for 'common sense' regulation, who believes in the promise of a strong, innovative capital market that is responsive to the needs of any investors who provide capital to make our economy the best in the whole world.

Paul Atkins is a supporter and well-wisher of crypto or you can say virtual currency, and this is the big reason why Bitcoin has been making record after record since Donald Trump came to power. Earlier, Paul Atkins worked as Security Exchange Commission Commissioner from 2002 to 2008 in the George Bush (former president) Administration. Trump has openly promised to make the United States a center of crypto innovation, presenting himself as a crypto well-wisher candidate. Because of this, it is expected that after Paul Atkins takes office, changes will be made to make the rules and policies of cryptocurrency easier.

According to Donald Trump, Paul Atkins will replace Gary on January 20 as SEC chairman. Gary Gensler announced his resignation the previous month, anticipating that Donald Trump would fire him, as he promised during the election campaign. Paul Atkins has been co-chairman of the Digital Chamber of Commerce since 2017, which promotes the use of digital assets and virtual currency.

"Paul Atkins is a proven leader for common sense regulations. Paul believes in the promise of innovative, strong capital markets that are responsive to the needs of small and big investors. He also believes that digital assets (virtual currencies) and other innovations are key to making the USA greater than ever," Donald Trump said on social media.

In addition, President-elect Donald Trump chose former Senator Kelly Loeffler and purpose is to lead the Small Business Administration. He said Kelly Loeffler will use her experience in business and Washington to provide opportunities for our small businesses to innovate, grow, and thrive and to reduce red tape. Donald Trump also said she will also co-chair his inaugural committee. That is it hivers and it is time for cryptocurrency. Faiz signing off.....

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