# Meet Gary's Replacement

*Author: Bankless*
*Published: Dec 4, 2024*
*Source: https://www.bankless.com/fr/read/meet-garys-replacement*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/12/Frame-50572--5-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/who-is-future-sec-chair-paul-atkins&email=true)

  

    Meet Gary's Replacement
    
  

  
  Published on Dec 4, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Uniswap Labs**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/who-is-future-sec-chair-paul-atkins&email=true) — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.

[Learn More](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/who-is-future-sec-chair-paul-atkins&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
The New SEC Chair
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/12/Group-14---2024-12-04T172136.145.png)](https://www.bankless.com/dashboard)- **👨‍⚖️ Trump Nominates Paul Atkins to Replace Gary Gensler at SEC.** The former SEC commissioner [is Trump's pick to take over](https://www.bankless.com/read/trump-nominates-paul-atkins-to-replace-gary-gensler-at-sec) the controversial agency.
- **🌡️ Celsius CEO Pleads Guilty, Faces As Much As 30 Years for Crypto Fraud. **As part of his plea deal, [Mashinsky agreed](https://www.bankless.com/read/celsius-ceo-pleads-guilty-faces-as-much-as-30-years-for-crypto-fraud) not to appeal any conviction less than 30 years in prison.
- 📈 **Tron Hits New High Amid Broader Altcoin Rally. **TRX [strikes new highs](https://www.bankless.com/read/tron-hits-new-high-amid-broader-altcoin-rally) as some of the industry's older projects catch major bids.

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    MARKET VIBES

  
  

Begging for $100K
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **The crypto market continued to reach new heights Wednesday as the altcoin market popped, with ETH nearing $3,900. Bitcoin has been holding steady for weeks and once again pushed above the $99K marker but is up against substantial sell pressure between it and its $100K barrier.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.60T
       

  
    
    ↗ 3.0%
    
  

   
    
    ↗ 8.1%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $98,465
       

  
    
    ↗ 2.6%
    
  

   
    
    ↗ 2.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,857
       

  
    
    ↗ 6.7%
    
  

   
    
    ↗ 5.5%
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/1518.png)
    

  **MKR**
   
          $2,288
       

  
    
    ↘ 1.1%
    
  

   
    
    ↗ 22.1%

    
  

  

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🟧**New Token Rating: MKR/SKY** has been experiencing positive price action since the election of Donald Trump. Will the momentum last?[Unlock MKR on Token Hub](https://www.bankless.com/tools/token-hub/maker)

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ANALYSIS

  
  
    
Who is Future SEC Chair Paul Atkins?
  
  
   
     
     Bankless Author: [
       
        Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/12/image---2024-12-04T171227.398.png)](https://www.bankless.com/read/who-is-future-sec-chair-paul-atkins)President-Elect Donald Trump [pledged](https://www.youtube.com/watch?v=_TmuLMwfwSM) to make America the crypto capital of the world and end the Biden Administration’s anti-crypto crusade during his time on the campaign trail. Today, he [announced](https://apnews.com/article/sec-chair-atkins-gensler-investors-financial-markets-d1c544f1846071b33c75b9f2dd0c1ba4) that long-time SEC insider Paul Atkins will succeed Gary Gensler as SEC chair.

While mainstream media is comfortable [portraying](https://apnews.com/article/sec-chair-atkins-gensler-investors-financial-markets-d1c544f1846071b33c75b9f2dd0c1ba4) Atkins as a “cryptocurrency advocate,” there are still looming concerns about how accommodative a career regulator will actually be for the crypto industry.

*In our pursuit of clarity, we must first ask the question: who is Paul Atkins? *🧐

[Read More on Bankless.com](https://www.bankless.com/read/who-is-future-sec-chair-paul-atkins)
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