President Donald Trump has taken steps to revolutionize the crypto industry by issuing a crypto executive order and appointing individuals who could impact the industry. He has formed a crypto council and tasked them with creating rules for the industry. The crypto community remains curious about who will be appointed to certain positions, particularly as they have concerns about former SEC chair Gary Gensler, who they view as an enemy of the industry. Trump intends to nominate former SEC Commissioner Paul Atkins as the next SEC chair, which some supporters see as a shift from Gensler's strict oversight. The US Treasury Department also plays a key role in the crypto space, and Trump has nominated pro-crypto advocate Scott Bessent as Treasury Secretary. These appointments align with Trump's goal of making the US a crypto leader and could result in regulations that encourage innovation.
Content Editor ( coinedition.com )
- 2025-02-17
How Would Trump’s SEC and Treasury Picks Impact Crypto Regulations?
