Dan Gallagher, Chief Legal Officer of Robinhood Markets, withdrew his candidacy for the position of SEC Chairman in the Trump administration. He stated that he is focused on his work at Robinhood and serving clients. Investment restrictions for government officials could have been an obstacle to his appointment. Other candidates for the position include former SEC Commissioner Paul Atkins, Robert Stabbins, and Teresa Gudi Gillen, a partner at BakerHostetler. The cryptocurrency industry hopes for a change in the SEC's stance on cryptocurrencies.
11/23/2024 2:21:50 PM (GMT+1)
Dan Gallagher withdrew his candidacy for SEC Chairman in the Trump administration, leaving room for other contenders, including Paul Atkins and Robert Stabbins 🏛️
317
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
The Indian district of Dantewada digitized 700,000 land records, securing them using the Avalanche blockchain to enhance transparency and prevent forgery
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
President Trump signed an order to create the Strategic Bitcoin Reserve and the National Digital Asset Reserve to strengthen the U.S. position in managing cryptocurrencies
Ripple receives the first regional license from the Dubai Financial Services Authority to provide regulated crypto payments and services in the Dubai International Financial Centre
Turkish bank BankPozitif is launching a cryptocurrency custody service in partnership with Taurus, having received a license from the Turkish Securities and Exchange Commission for the safe custody of digital assets
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
1inch recovers $5 million stolen after an attack on the old version of the Fusion v1 smart contract, the hacker returned the funds by agreement with the platform
