Trump considers Richard Farley for the head of the SEC, and this is causing controversy in the crypto community. 🤔
- Farley, a Wall Street lawyer, could replace crypto skeptic Gary Gensler.
- Some are concerned about his traditional approach, while others hope for "balanced" regulations.
- Economist Timothy Peterson believes Farley's experience could strengthen crypto regulation.
- However, many would prefer more crypto-friendly candidates, such as "Crypto Dad" Chris Giancarlo.