SEC Under Trump Shifts Toward Crypto-Friendly Policies

The U.S. Securities and Exchange Commission (SEC), under Chairman Paul Atkins and President Trump’s administration, has appointed Jamie Selway, a former Blockchain.com executive, as Director of Trading and Markets, and Brian T. Daly, a digital asset regulation expert, as Director of Investment Management. These appointments signal a shift to a more crypto-friendly regulatory approach. The SEC has reportedly scrapped most lawsuits against crypto firms, emphasizing innovation and regulatory clarity. The market responded positively, with Bitcoin rising 3.5% and trading volumes increasing. Analysts believe these moves could lead to clearer guidelines and greater integration of digital assets into mainstream finance. The new leadership aims to foster innovation while maintaining investor protections, in contrast to the stricter stance of the previous administration.