US President Donald Trump has nominated Paul Atkins to lead the Securities and Exchange Commission (SEC). This appointment comes as Bitcoin price reached an all-time high of over $100,000. Atkins, a pro-cryptocurrency advocate, previously criticized SEC Chairman Gary Gensler for his tough stance on crypto exchanges. In contrast, Trump also appointed Gail Slater to head the Justice Department’s antitrust division, reinforcing its focus on cracking down on big tech firms.
Source: https://www.economist.com/the-world-this-week/2024/12/05/business