The post Gary Gensler’s Rule Ends, Can Paul Atkins Reverse Crypto’s SEC Nightmare? appeared first on Coinpedia Fintech News
On the day Republican leader Donald Trump, with a pro-crypto position, was named as the winner of the US presidential election, it became almost certain that crypto skeptic Gary Gensler would lose his job as the chair of the US Securities and Exchange Commission. Yesterday, as expected, the president-elect announced his plan to appoint renowned cryptocurrency advocate Paul Atkins as the next chair of the commission. Can Atkins save the crypto industry?
A recent X post by pro-XRP lawyer John Deaton indicates that the expectation among crypto enthusiasts over the new chair is extremely high.
John Deaton’s Key Reforms for SEC
Deaton pointed out the urgent need to bring in certain important reformations in the agency. He demanded the removal of all the officials who supported Gensler’s regulatory crackdown against the crypto industry.
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