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New Crypto Era Begins: Trump To Announce SEC Chair Pick As Soon As Tomorrow | Bitcoin Insider

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class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/468"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ICO</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/nfts" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/45227"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">NFTs</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/web3" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/21484"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">WEB3</span> </a> </li> </ul> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-1 primary-nav__menu-item--has-children" data-drupal-selector="primary-nav-menu-item-has-children"> <a href="/category/altcoins" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-1 primary-nav__menu-link--has-children" data-drupal-selector="primary-nav-menu-link-has-children" data-drupal-link-system-path="taxonomy/term/362"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-1">ALTCOINS</span> </a> <button class="primary-nav__button-toggle" data-drupal-selector="primary-nav-submenu-toggle-button" aria-controls="primary-menu-item-1234" aria-expanded="false" aria-hidden="true" tabindex="-1"> <span class="visually-hidden">ALTCOINS sub-navigation</span> <span class="icon--menu-toggle"></span> </button> <span data-drupal-selector="primary-nav-menu-🥕" class="primary-nav__menu-🥕"></span> <ul class="menu primary-nav__menu primary-nav__menu--level-2" data-drupal-selector="primary-nav-menu--level-2" id="primary-menu-item-1234"> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/xrp" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/2427"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">RIPPLE (XRP)</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/cardano" title="Cardano, the world’s first third generation blockchain." class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/13976"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">CARDANO</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/solana" title="Read news and updates about SOLANA (SOL)" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/70776"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">SOLANA</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/dogecoin" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/1996"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">DOGECOIN</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/avalanche" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/41591"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">AVALANCHE (AVAX)</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/polkadot" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/12283"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">POLKADOT</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/tron" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/10560"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">TRON</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/shiba-inu" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/89903"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">SHIBA INU</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/litecoin" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/363"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">LITECOIN</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/bitcoin-cash" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/2931"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">BITCOIN CASH</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/chainlink" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/9271"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">CHAINLINK</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/polygon" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/85383"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">POLYGON (MATIC)</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/filecoin" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/7686"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">FILECOIN</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/stellar" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/1991"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">STELLAR (XLM)</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/algorand" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/43489"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ALGORAND</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/tezos" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/4693"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">TEZOS (XTZ)</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/monero" title="Read news about, Monero (XMR), the private, secure and untraceable cryptocurrency." class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/443"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">MONERO</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/iota" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/3602"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">IOTA</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/dash" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/335"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">DASH</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/eos" title="Read news about EOS.IO and EOS coin.EOS.IO is a blockchain protocol powered by the native cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second." class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/4396"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">EOS</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/zcash" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/434"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ZCASH</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/category/neo" title="" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="taxonomy/term/5380"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">NEO</span> </a> </li> </ul> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-1 primary-nav__menu-item--has-children" data-drupal-selector="primary-nav-menu-item-has-children"> <a href="/real-time-cryptocurrency-charts" title="Essential charts about cryptocurrencies: prices, volumes, market capitalization, analytics etc. Bitcoin and Ethereum price real time charts." class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-1 primary-nav__menu-link--has-children" data-drupal-selector="primary-nav-menu-link-has-children" data-drupal-link-system-path="node/488"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-1">CHARTS</span> </a> <button class="primary-nav__button-toggle" data-drupal-selector="primary-nav-submenu-toggle-button" aria-controls="primary-menu-item-12345" aria-expanded="false" aria-hidden="true" tabindex="-1"> <span class="visually-hidden">CHARTS sub-navigation</span> <span class="icon--menu-toggle"></span> </button> <span data-drupal-selector="primary-nav-menu-🥕" class="primary-nav__menu-🥕"></span> <ul class="menu primary-nav__menu primary-nav__menu--level-2" data-drupal-selector="primary-nav-menu--level-2" id="primary-menu-item-12345"> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/cryptocurrency-markets" title="Cryptocurrencies Market Prices &amp; Capitalizations" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98156"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">CRYPTO MARKETS</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/ethereum-bitcoin-cash-versus-bitcoin" title="Ethereum &amp; Bitcoin Cash versus Bitcoin" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98455"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ETH-BCH vs BTC</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/bitcoin-price-charts-analytics-metrics" title="Bitcoin Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98154"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">BITCOIN PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/ethereum-eth-price-charts-analytics-metrics" title="ETHEREUM Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98153"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ETHEREUM PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/cardano-ada-price-charts-analytics-metrics" title="Cardano (ADA) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98570"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">CARDANO (ADA) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/solana-sol-price-charts-analytics-metrics" title="Solana (SOL) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/126223"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">SOLANA (SOL) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/ripple-xrp-price-charts-analytics-metrics" title="Ripple (XRP) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98569"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">RIPPLE (XRP) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/polkadot-dot-price-charts-analytics-metrics" title="Polkadot (DOT) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/131922"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">POLKADOT (DOT) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/dogecoin-doge-price-charts-analytics-metrics" title="DOGE Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/128662"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">DOGECOIN (DOGE) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/avalanche-avax-price-charts-analytics-metrics" title="Avalanche Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/131918"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">AVALANCHE (AVAX) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/polygon-matic-price-charts-analytics-metrics" title="Polygon (MATIC) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/128665"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">POLYGON (MATIC) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/litecoin-ltc-price-charts-analytics-metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98157"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">LITECOIN (LTC) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/bitcoin-cash-bch-price-charts-analytics-metrics" title="Bitcoin Cash Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/98451"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">BITCOIN CASH (BCH) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/chainlink-link-price-charts-analytics-metrics" title="Chainlink (LINK) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/128663"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">CHAINLINK (LINK) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/uniswap-uni-price-charts-analytics-metrics" title="Uniswap (UNI) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/128664"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">UNISWAP (UNI) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/shiba-inu-shib-price-charts-analytics-metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/202869"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">SHIBA INU (SHIB) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/filecoin-fil-price-charts-analytics-metrics" title="Filecoin (FIL) Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/131923"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">FILECOIN (FIL) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/aave-price-charts-analytics-metrics" title="AAVE Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/128661"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">AAVE PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/algorand-price-charts-analytics-metrics" title="Algorand Price, Charts, Analytics &amp; Metrics" class="primary-nav__menu-link primary-nav__menu-link--link primary-nav__menu-link--level-2" data-drupal-link-system-path="node/135719"> <span class="primary-nav__menu-link-inner primary-nav__menu-link-inner--level-2">ALGORAND (ALGO) PRICE</span> </a> </li> <li class="primary-nav__menu-item primary-nav__menu-item--link primary-nav__menu-item--level-2"> <a href="/stellar-xlm-price-charts-analytics-metrics" title="Stellar (XLM) Price, Charts, Analytics &amp; 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}); </script> </div> </div> </div></div> <div property="schema:text" class="text-content field field--name-body field--type-text-with-summary field--label-hidden field__item"><p>Following Gary Gensler’s departure announcement from the Securities and Exchange Commission (SEC), new reports claim that re-elected US president Donald Trump is set to unveil his pick for the new SEC chairman in the coming days.</p> <h2>A New Crypto Era About To Begin</h2> <p>As we approach the end of the year, the crypto industry is set to close 2024 with a belt full of milestones, from the approval of crypto-based exchange-traded funds (ETFs) to Bitcoin’s rally nearing $100,000 to the victory of an industry-friendly administration in the US Presidential Elections.</p> <p>Donald Trump’s victory as the 47th President of the US has created a craze within the industry, fueling optimism and expectations about the new crypto era that will begin when he steps into office in January.</p> <p>Fox Business journalist Eleanor Terrett shared that Trump could announce his pick to replace Gensler in the coming days, with the announcement potentially dropping “as soon as tomorrow.”</p> <p><a href="https://bitcoinist.com/wp-content/uploads/2024/12/Captura-de-Pantalla-2024-12-03-a-las-10.15.48-a.-m.png?w=599&amp;resize=599%2C224" class="colorbox" data-colorbox-gallery="ckeditor-colorbox-inline"><img loading="lazy" class="size-large wp-image-348097 aligncenter" src="https://bitcoinist.com/wp-content/uploads/2024/12/Captura-de-Pantalla-2024-12-03-a-las-10.15.48-a.-m.png?w=599&amp;resize=599%2C224" alt="crypto" width="599" height="224" /></a></p> <p>SEC’s outgoing chairman, Gary Gensler, announced his departure from the regulatory agency on November 21, revealing he will step down on January 20, 2025, the same day Trump takes office.</p> <p>After the announcement, speculation intensified about the new leader of the Commission, with names like Christopher Giancarlo, Brad Bondi, Daniel Gallagher, and Paul Atkins reportedly being considered.</p> <p>Atkins, a former SEC commissioner, has been <a href="https://bitcoinist.com/pro-xrp-lawyer-deaton-support-paul-atkins-sec-chair/" target="_blank" rel="nofollow">supported</a> by Pro-XRP lawyer John Deaton, who considers the candidate “light years ahead of Gary Gensler.” According to Terrett’s previous reports, Atkins was “the current favorite among the people at Mar-a-Lago who have Trump’s ear.”</p> <p>Recently, Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, <a href="https://bitcoinist.com/crypto-laws-expected-to-pass-fairly-quickly-under-trump-administration-coinbase-cpo/" target="_blank" rel="nofollow">shared</a> his thoughts on the future of the SEC. Shirzad noted he can’t predict who will be the next SEC chairman but considers that Trump is good at picking people who share his vision.</p> <blockquote><p>As long as he picks somebody who’s a change agent and who shares his vision, I think it’ll be good for the U.S., society, good for the people that own crypto.</p> </blockquote> <h2>Is The Crypto Crackdown Ending?</h2> <p>Besides a new pro-industry SEC chairman, the crypto sector expects the aggressive and unfair <a href="https://bitcoinist.com/is-the-sec-prepared-for-trumps-crypto-promises-commissioner-peirce-weighs-in/" target="_blank" rel="nofollow">crackdown</a> on the industry to stop. Recently, over 30 tech and crypto founders claimed to have been debanked in the last four years.</p> <p>In a recent <a href="https://www.youtube.com/watch?v=ye8MOfxD5nU" target="_blank" rel="nofollow">Podcast</a>, Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz, accused the Biden administration of using financial exclusion as a weapon against more than 30 founders, tackling legal businesses related to the digital assets industry in what he calls “Operation Chokepoint 2.0.”</p> <p>Similarly, Gemini co-founder Tyler Winklevoss <a href="https://x.com/tyler/status/1861863518301004027" target="_blank" rel="nofollow">claimed</a> on X that he and his company had been debanked because they are in crypto. He stated that the number of affected companies is larger than 30, adding that “They also assassinated several banks because they banked crypto companies. Totally unlawful, evil behavior.”</p> <p>As a result, Republican Congressman French Hill <a href="https://x.com/RepFrenchHill/status/1863642116372516917" target="_blank" rel="nofollow">pledged</a> on Monday to “fully investigate Operation Choke Point 2.0″ as part of his plan to Make Community Banking Great Again (MCBGA).</p> <p>The MCBGA principles stated that Congress should investigate the matter, and the Trump administration should officially halt and reverse this policy. Representative Hill added, “There should be no place for politicized debanking of legal businesses in the American financial system.”</p> <p><a href="https://bitcoinist.com/wp-content/uploads/2024/12/BTCUSDT_2024-12-03_08-57-02.png?w=980&amp;resize=980%2C524" class="colorbox" data-colorbox-gallery="ckeditor-colorbox-inline"><img loading="lazy" class="size-large wp-image-348089 aligncenter" src="https://bitcoinist.com/wp-content/uploads/2024/12/BTCUSDT_2024-12-03_08-57-02.png?w=980&amp;resize=980%2C524" alt="Crypto, Bitcoin, BTC, BTCUSDT" width="980" height="524" /></a></p></div> <div class="field field--name-field-publication-date-original field--type-datetime field--label-inline clearfix"> <div class="field__label">Publication date</div> <div class="field__item"><time datetime="2024-12-04T07:30:02Z">12/04/2024 - 07:30</time> </div> </div> <div class="field field--name-field-author field--type-entity-reference field--label-inline clearfix"> <div class="field__label">Author</div> <div class="field__item"><a href="/authors/rubmar-garcia" hreflang="en">Rubmar Garcia</a></div> </div> <div class="text-content field field--name-body field--type-text-with-summary field--label-hidden field__item"><!-- /22304532/bitcoininsider//ros//banner-1 --> <div class="dfp-ad sticky leader"> <div class="dfp-container"> <div id='div-gpt-ad-1515436849724-0'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1515436849724-0'); }); </script> </div> </div> </div></div> <div class="article-source"> <strong><a target="_blank" rel="nofollow noopener noreferrer" href="https://bitcoinist.com/new-crypto-era-begins-trump-to-announce-sec-chair-pick-as-soon-as-tomorrow/">Article source</a></strong> </div> <div class="block px-2 py-1 mt-2" style="background-color: #f1f3f9;"> <h4>Disclaimer</h4> <div class="text-content field field--name-body field--type-text-with-summary field--label-hidden field__item"><div class="panel panel-default panel-info mb-2" > <div class="panel-body"> <p>The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. 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