Donald Trump, the 47th President-elect of the United States, highlighted Paul Atkins' expertise in regulation, capital markets, and digital innovation. Trump described Atkins as a forward-thinking leader for the Securities and Exchange Commission (SEC) on December 4th.
"Paul is a proven leader for common sense regulations," said Trump. "He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before. As Co-Chairman of the Digital Chamber's Token Alliance since 2017, he has worked on & studied the digital assets industry."
According to The Wall Street Journal, Bitcoin's price surged past $100,000 for the first time following the announcement of Atkins' nomination as SEC Chair. This reflected optimism about a pro-crypto regulatory future.
Donald Trump's Truth post on his SEC Chair nominee
| https://truthsocial.com/@realDonaldTrump/posts/113595807734621827
MarketWatch reported that Atkins' nomination is anticipated to lead the SEC toward more innovation-friendly policies, moving away from stringent enforcement practices.
The New York Post noted that Atkins is the CEO of Patomak Global Partners and has served as Co-Chairman of the Digital Chamber’s Token Alliance since 2017. This highlights his expertise in the digital assets field.
Wikipedia states that Donald Trump was born on June 14, 1946, in Queens, New York City. He earned a Bachelor of Science in Economics from the University of Pennsylvania in 1968.
At a Bitcoin event in July, Trump pledged to fire SEC Chair Gary Gensler and vowed to make the United States "the crypto capital of the planet."