How incoming crypto-friendly SEC boss Paul Atkins may actually cool sizzling rally
Questions surround whether Atkins will drop the SEC’s case against Ripple, which offers the XRP token.
One dominant investing narrative coming out of the nomination of long-time securities lawyer, former SEC commissioner and crypto believer Paul Atkins as Securities and Exchange Commission chair is that he will be great for the $3.5-plus trillion digital-coin business.
President-elect Trump said as much when he announced Atkins as Wall Street’s top cop Wednesday afternoon (of course, after it was reported in the Post two weeks ago, he was the front-runner).
Atkins, Trump posted on Truth Social, “recognizes that digital assets and other innovations are crucial to Making America Greater than Ever Before.”