Trump nominates cryptocurrency ally Paul Atkins for SEC Chairman.

◻️US President-elect Donald Trump has nominated cryptocurrency ally Paul Atkins for the US Securities and Exchange Commission (SEC) Chairmanship.

◼️Trump described Atkins as a "proven leader in common-sense regulation" and stated that digital assets will strengthen the economy in a statement he made on Truth Social.

◻️Atkins previously served as an SEC Commissioner and has been working on digital assets since 2017. Senate approval is required for Atkins to take office.