Trump picks crypto-friendly lawyer to head US securities regulator
NEW YORK: US President-elect Donald Trump nominated veteran Washington attorney Paul Atkins to chair the Securities and Exchange Commission (SEC), a move cheered by the cryptocurrency industry as bitcoin broke the $100,000 mark for the first time.
Atkins, an SEC commissioner from 2002 to 2008, founded risk consultancy firm Patomak Global Partners in 2009, whose clients include companies in the banking, trading and cryptocurrency industries.
An announcement from the Trump transition noted that Atkins had been co-chairman of the Digital Chamber of Commerce, which promotes the use of digital assets, since 2017.
“Paul is a proven leader for common sense regulations,“ Trump said in a statement that emphasized Atkins’ commitment to…
