“President-elect Donald Trump on Wednesday picked conservative lawyer Paul Atkins to run the Securities and Exchange Commission, choosing a regulatory skeptic who will be expected to cut red tape and rein in the agency’s enforcement division,” the Wall Street Journal reports.
CNBC: “If confirmed, Atkins would succeed Gary Gensler, a widely reviled figure in the digital currency community for his many efforts to clamp down on the $3.5 trillion crypto market. Trump has promised a easier path for bitcoin and its myriad peers, and the market has soared since his election victory on Nov. 5.”

