Key Points:
Trump's SEC pick Paul Atkins could reshape crypto policies, Ripple case outcomes, and ETF approvals starting January 2025.
XRP dips 6.02% as Ripple case and SEC leadership shift loom; investors brace for pivotal regulatory moves.
BTC eyes $100K amid ETF inflows; Trump’s bold Bitcoin reserve strategy fuels market speculation.
Trump Nominates Paul Atkins as SEC Chair: Crypto Market Braces for Change
On Wednesday, December 4, news hit the wires of President-elect Donald Trump nominating former SEC Commissioner Paul Atkins as the next SEC Chair. Atkins will take office on January 20, 2025, coinciding with Chair Gary Gensler’s departure. This leadership shift signals a potential overhaul of crypto policy.