Trump’s Crypto-Friendly SEC Chief Helps Bitcoin Top $100,000
Bitcoin soared past $100,000 for the first time ever on Thursday after President-elect Donald Trump named a new regulatory boss seen as friendly to the crypto sector.
Trump said he would nominate Paul Atkins to run the Securities and Exchange Commission. Atkins is a former SEC commissioner who has been involved in crypto policy as co-chair of the Token Alliance, which works to “develop best practices for digital asset issuances and trading platforms”, and the Chamber of Digital Commerce.
It was a day to remember for bitcoin owners, who saw the cryptocurrency pass the $100,000 mark and trading around 5% higher on the day, as investors bet on a friendly US regulatory shift.
