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Will Paul Atkins introduce pro-crypto SEC regulations by April 2025?
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Official announcements from the SEC or public records
Story
Bitcoin Exceeds $100,000 as Trump Appoints Pro-Crypto Lawyer Paul Atkins to Lead SEC
Dec 5, 2024, 08:49 AM
Bitcoin surpassed $100,000 for the first time, fueled by optimism that President-elect Donald Trump's administration will favor the cryptocurrency industry. The surge follows Trump's nomination of Paul Atkins, a pro-crypto lawyer, as the new chair of the Securities and Exchange Commission (SEC). Bitcoin reached an intraday high of $99,240 after the announcement. Investors anticipate that Atkins's appointment will lead to a friendlier regulatory environment for digital assets. Bitcoin has more than doubled over the past year and has risen over 45% since Trump's election victory.
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