Today in crypto, President-elect Donald Trump nominated a pro-crypto replacement to Gary Gensler at the Securities and Exchange Commission (SEC), Ripple is expected to launch its United States dollar-pegged stablecoin Ripple USD (RLUSD) on Dec. 4, and Grayscale filed for a spot Solana exchange-traded fund (ETF) in the US.
Trump nominates pro-crypto replacement to Gensler at SEC
President-elect Donald Trump has nominated Paul Atkins to replace Gary Gensler as the new chair of the SEC.
In a Dec. 4 announcement on Truth Social, Trump touted Atkins’ previous experience at the SEC and his strong advocacy for investor protection.
“Paul is the CEO and Founder of Patomak Global Partners, a risk management consultancy. As Co-Chairman of the Digital Chamber’s Token Alliance since 2017, he has worked on and studied the digital assets industry,” said Trump.