🦅 A new head of the SEC has been appointed

Paul Atkins has taken the place of Gary Gensler. The SEC itself published a press release on this matter.

The most important thing is that Paul has a positive attitude towards crypto 👍. In his opinion, the cryptocurrency market needs sensible regulation. He also mentioned that the SEC should establish rules in advance, rather than relying on the courts.

In general, we should not expect the kind of crackdowns on crypto companies that we saw in previous years. Let's hope they will create clear and understandable regulations for crypto in the near future, and that stories like "the list of coins that the SEC considers securities" will not be repeated 🤞