Ripple executives have expressed strong support for Paul Atkins, nominated by President-elect Donald Trump to lead the SEC, anticipating a shift towards a more crypto-friendly regulatory environment. CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty believe that Atkins, alongside commissioners Hester Peirce and Mark Uyeda, will restore common sense and investor protection to the agency, moving away from the stringent policies of outgoing Chair Gary Gensler. This leadership change is seen as a pivotal moment for fostering innovation and economic growth in the digital asset space.
trump administration prioritizes crypto industry in upcoming regulatory appointments
President-elect Donald Trump is consulting the crypto industry on his selection for the new SEC chair, with top contenders including Paul Atkins and Brian Brooks. As he prepares to overhaul SEC leadership, Trump has pledged to support the crypto sector, promising to create a favorable regulatory environment and appoint a crypto czar to guide policy. The crypto industry anticipates a significant shift in regulatory dynamics following the resignation of current SEC chair Gary Gensler.
candidates emerge to replace gary gensler as sec chair
Richard Farley, a partner at Kramer Levin, and Norm Champ from Kirkland & Ellis are among the candidates to succeed Gary Gensler as chair of the US Securities and Exchange Commission. Other potential contenders include Dan Gallagher of Robinhood, current SEC Commissioner Mark Uyeda, and former CFTC chairman Heath Tarbert.
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