Here’s the best competitors in the Trump chair in the Supreme Education Council: Will Crypto win?

President -elect Donald Trump has an important decision to take it soon when the head of the US Securities and Stock Exchange Committee (SEC), Gary Ginsler, said he would resign as head of the organizational agency as soon as Trump took office.

“I thank President Biden for this amazing responsibility. Jinsler commented In a press release published on the SEC website last week.

The encryption industry encourages this decision because Gensel is a long -term anti -sector personality and a barrier to the sector amid its decision to prosecute many companies in this industry during its work.

On January 20, 2025, I will step down Secgov chair.

Subject

Garygenler November 21, 2024

After donating tens of millions of dollars to obtain Trump, representatives of the Senate and the supporters of the House of Representatives, the sector is likely to have an opinion on the president’s selection of this important role.

The Trump transitional team is said to have participated directly with the leaders of the encryption industry to search for their inputs and recommendations for the best leadership position in the agency.

The number that appears from within the encryption circles is likely to prefer the policies and organizational measures that bring clarity to companies inside them while protecting consumers from the outbreak of fraud and fraudulent projects that have damaged market credibility for years.

Among the candidates listed in the brief list are people within the Supreme Education Council and former agency officials

Trump alternatives include a wide range of individuals who have a busy record of encryption views. Competitors may include:

• Paul Atkins, former SEC Commissioner.
• Brian Brooks, Acting US Currency Observer.
• SEC Mark Oida Commissioner.
• Robert Steps, the former general adviser at SEC.
• Brad Bondi, the global co -chair for investigations and defense of white collars at Paul Hastings Law.

Each of these candidates brings unique views and experiences that can turn the SEC approach to digital assets.

Also read: Trump is scheduled to appoint a number of pro -profit candidates for the main roles

Mark Oida was particularly explicit about the need for organizational clarity and innovation. In public data, he explicitly criticized the “war on encryption” for the current administration and clarifying a three -step plan to develop the United States as a global pioneer in organizing encrypted currency.

Its proposed strategy includes providing a clear organizational framework, creating safe ports for innovation, and developing a comprehensive approach to digital asset control.

Trump -chosen cabinet members also support this sector

The cabinet can also fill Trump with encrypted forms as well. For example, President Heard Lootnick chose the billionaire as a candidate for the Minister of Commerce. Lutnick leads a company that provides services to Tether – the famous Stablecoin USDT source.

Great power triar:
Jimmy Hendrix, Noel Reding, Mitch Mitchell;
Eric Kalpeon, Jack Bruce, Jingin Baker;
Billy Joe Armstrong, Mike Dent, Tri Cole;
Paul Atkins, Hyster Pearce, Mark Oida.

Stewart Aldouti (S_alderoty) November 27, 2024

Moreover, Vice President JD Vance and even the co-commander of the Ministry of Government efficiency (DOGE), Vivek Ramaswamy, are all supporters of the crosso along with one of the most supporters of Trump and the wealthy-Ilon Musk.

These appointments indicate Trump’s commitment to establishing a government that completely supports a positive environment for this specified sector. The industry as a whole believes that winning a single age chance to make the United States a pioneering voice in the area of ​​digital assets.

Shell Jinsler, industry growth

Gary Ginsler’s state in the Supreme Council for Education was distinguished by aggressive enforcement and the restricted interpretation of the laws of securities that gave the agency actual force on encrypted currencies.

Industry leaders, including prominent characters such as Tyler Winklevoss, described Gensler as “evil” and systematically designed to strangle innovation. Of course, industrial leaders such as Winklevoss (who participated in the founding of Gemini with his twins) have huge financial interests in canceling regulatory restrictions, so they took their data with salt beads.

Gensler has maintained a strict position that effectively classifies almost all cryptocurrencies, with the exception of Bitcoin and Ethereum, as the securities subject to SEC power.

This interpretation created a state of organizational uncertainty and the legal challenges of encryption companies and led to many lawsuits against companies that attempted to submit these digital assets through various means.

Although Gensler also gave the green light to products such as instant Bitcoin and circulating money (ETFS) recently, and considered his views of the sector hostile to his growth.

He was even accused of being overlooked by executives from within the encryption industry and pro -rental legislators who claimed that the agency’s actions can be classified as “organized through enforcement” because digital assets have unique characteristics that must be taken into account that they may need separate legislation (or at least instructions) to be appropriate.

The Trump campaign promised these frustrations directly. At a major encryption conference in Nashville, the elected president pledged to shoot Jinsler and appoint the SEC chair committed to “building the future, not preventing the future.”

This speech deeply resonated within the encryption community and indicates a potential model in the organizational approach.

Trump’s perspectives supporting the crosso and his willingness to make changes within the government’s ranks to support his promises are some of the reasons that make the encryption market have witnessed a significant increase since his election.

The price of Bitcoin (BTC) has approached a brand of $ 100,000 in the past two weeks, while the market value of all cryptocurrencies has exceeded 3 trillion dollars for the first time ever, as Trump’s victory is a moment engraved for the sector that can pay the market value of digital assets in the next four years.

The majority of the Republican in Congress is likely to support Trump’s agenda, which is supportive

Industrial leaders such as Brian Morgeson from riot platforms expressed their confidence that the entire ecosystem will test the importance after Trump entered the Oval Office and begins to appoint officials.

Moreover, the Republican majority in the Senate and the House of Representatives guarantee that the Trump administration will be able to pass the pro -carboto legislation shortly after taking office.

The selection of the next SEC chair is more than just a simple leadership transition. It symbolizes a possible reset in the relationship between the federal government and companies in the encryption industry that can determine the future of the United States in the field of global digital assets.

During this electoral cycle, the sector developed from a bloc of immature companies and relatively turned into a strong political force formed Washington in its favor.

With the development of the transition, the encryption community is monitored with anticipation, in the hope that a new SEC leader will give priority to innovation, provide clear organizational guidelines, and create an environment that allows digital assets to prosper while enhancing and enforcing the protection of appropriate investors.