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Trump nominates crypto-friendly Paul Atkins as SEC chairman, bitcoin rises over a thousand dollars during trading.
After taking office, Atkins is expected to focus on reducing regulations and easing regulatory penalties. He is currently the CEO of the consulting firm Patomak Global Partners. The institution states that since 2017, Atkins has been 'serving as the Co-Chair of the Token Alliance, an advocacy organization in the cryptocurrency industry, dedicated to developing best practices for digital asset issuance and trading platforms.' Trump stated that Atkins recognizes that digital assets and other innovations are crucial to making the USA greater than ever before.
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