The good news has arrived that the new Security and Exchange Commission Chairman is finalised and it will be Paul Atkinson who will be replacing Gary. Gary has not been doing well in the government body for the crypto industry and under his leadership security and Exchange Commission tried targeting many of the crypto companies and projects. Many exchanges had to shut down their operations because they were not able to cope with the regulatory framework and it is sad news.
The new US President Donald Trump has already decided that if he comes into power then he will fire Gary immediately and will bring another chairman in place who will be supporting crypto. Gary has already announced his exit from the Security and Exchange Commission which is going to happen in January. Now the new name is also shared and Paul Atkinson will officially be taking the lead here he is a crypto pro so we can expect some good things happening in the US crypto market.
This was expected to happen and glad that this announcement is public now so people who are part of the crypto market should be happy especially the people who are in the US. It is also good news for the companies operating in the United States because from now onwards they need not struggle and they should be able to work the way they like following all the rules and regulations but at least they will not have to deal with unnecessary problems and issues created by the security and Exchange Commission.
This time when the crypto market is on fire and Bitcoin has already crossed 100,000 U.S. dollars it is very crucial that things go in the right direction this change will bring more value most probably to the crypto market and this is why this is good news for the entire Crypto industry.
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