Trump’s SEC pick Paul Atkins wins cheers from crypto — and even industry critics – DL News

The Guidance

  • Washington lawyer Paul Atkins is expected to replace Gary Gensler at the financial watchdog.
  • The new chair may order up a study of crypto for starters, says John Reed Stark.
  • The era of crypto crackdowns appears to be drawing to a close.

A version of this story appeared in our The Guidance newsletter on December 9. Sign up here.

It’s hard to recall a time when there was so much anticipation for a government watchdog.

And yet with President-elect Donald Trump’s nomination of Paul Atkins to head the US Securities and Exchange Commission, the crypto industry is giddy with anticipation.

“Paul Atkins is an excellent choice for SEC chair,” tweeted Coinbase CEO Brian Armstrong.

Crypto lawyer Gabriel Shapiro posted a GIF of Jim from…

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