According to Odaily Planet Daily, John Deaton, a lawyer who supports XRP, supports Paul Atkins as the next chairman of the U.S. SEC. Deaton criticized the SEC for its oppression of the cryptocurrency industry under the leadership of Gary Gensler.
Deaton believes that the SEC’s lack of guidance for cryptocurrency companies has hindered industry innovation. He supports former SEC Commissioner Paul Atkins, believing that his support for digital assets will lead to more balanced regulation.
US President-elect Donald Trump's transition team has reportedly interviewed Paul Atkins as a candidate for SEC chairman. Atkins is the top contender to succeed outgoing Gary Gensler.
