As soon as Trump took office, he started to fulfill his promises, and there's another major positive news for the crypto world! The countdown to the resignation of current SEC Chairman Gensler has begun! Trump's team is considering listing Dan Gallagher, Chief Legal and Compliance Officer of Robinhood, as a candidate for SEC Chairman. The company and its owner behind this candidate are well-known figures in the crypto world, so take your time to appreciate it. This owner is a major supporter of Bitcoin and Tesla, and her fund has consistently held large positions in Bitcoin and Tesla, proclaiming a target of $500,000 for Bitcoin in this bull market! Good days for the crypto world are finally here for the next four years!

According to a Reuters report yesterday, Trump's transition team is considering nominating Dan Gallagher, Chief Legal Officer of Robinhood, to serve as Chairman of the U.S. Securities and Exchange Commission (SEC). Gallagher previously served as a Republican SEC Commissioner (2011-2015) and is known for supporting financial innovation and market liberalization, particularly taking a lenient stance on cryptocurrency regulation. He advocates treating cryptocurrency as an independent asset class rather than strictly classifying it as securities. In addition to Gallagher, Trump's transition team is also considering former SEC Commissioner Paul Atkins and Robert Stebbins, who previously served as SEC General Counsel. Cryptocurrency supporter Hester Peirce is another strong candidate, but she has expressed her unwillingness to take the position. The team is expected to submit a list of candidates to the president-elect in the coming weeks.

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