Donald Trump has appointed Paul Atkins as the new SEC Chairman, which may signal a shift towards more crypto-friendly policies in the US.
Appointment of Paul Atkins as SEC Chairman
Donald Trump, currently serving as U.S. President, has appointed Paul Atkins as the new SEC Chairman following the resignation of Gary Gensler. Atkins, a former SEC Commissioner, is known for opposing extensive enforcement actions. He has pledged to provide a clear regulatory framework for digital assets, leveraging his experience as a former commissioner and crypto consultant.
Market Reaction to Policy Change
The cryptocurrency market reacted positively to these changes, with Bitcoin rising over 7% to more than $93,000. The broader market showed optimism, anticipating renewed growth and investment opportunities in the digital asset sector. Institutional confidence has revived, marked by the completion of notable mergers and acquisitions, reflecting a $8.2 billion surge in crypto deals in 2025.
Predictions for Growth Following Deregulation
Experts highlight that similar periods of deregulation, such as pre-2017, resulted in significant price rallies. Post-FTX enforcement hindered growth, but the new SEC leadership may mirror past favorable economic outcomes. Experts from Kanalcoin see potential benefits, comparing today's circumstances to previous deregulations that boosted prices and venture funding.
With the appointment of Paul Atkins as SEC Chairman, there is a clear trend towards easing regulation in the cryptocurrency space. This may lead to positive changes in the market and greater interest from investors.
