Trump Taps Paul Atkins as SEC Chair: A Boost for Crypto Industry
President-elect Donald Trump has nominated Paul Atkins, a former SEC commissioner and pro-business conservative, to chair the Securities and Exchange Commission (SEC). Known for advocating lighter regulations, Atkins is expected to ease the regulatory burden on the cryptocurrency industry. The announcement, made via Trump’s Truth Social platform, signals a shift
Bitcoin and Crypto Set for 2025 Shakeup as SEC Eyes New ETFs
Bitcoin prices have surged, approaching the $100,000 mark, as optimism around crypto exchange-traded funds (ETFs) grows. Analysts predict bitcoin’s value could skyrocket to $30 trillion, fueled by BlackRock’s continued backing of spot bitcoin ETFs. This surge also follows rumours that a country may be quietly accumulating bitcoin, further driving demand.
Bitcoin Soars as SEC Chair Gary Gensler Announces Resignation
Gary Gensler, chair of the US Securities and Exchange Commission (SEC) and a prominent critic of the cryptocurrency industry, has announced his resignation. Gensler will officially leave his position on 20 January 2025, the day Donald Trump is inaugurated as the next US president. In a post on X, Gensler
