Gary Gensler Will Not Thwart Crypto Companies Again, This Is The New SEC Chair Candidate

JAKARTA - The President-elect of the United States, Donald Trump, is reportedly considering a number of names to replace the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler. One of the names that sticks out is Goody Guillen, who is a lawyer known as pro-crypto.

Guillen currently serves as a partner at law firm BakerHostetler and leads the blockchain division. With his experience as a former SEC lawyer, he is backed by the crypto community for his ability to bridge regulations with technological innovation. Guillen is seen as capable of bringing more inclusive policies, especially for fintech and blockchain companies that have been dealing with strict regulations.

Apart from Guillen, another candidate in question is Brad Bondi, former SEC commissioner Paul Atkins, and former SEC general adviser Robert Stebbins. However, Guillen's name is said to be the main choice due to his progressive approach to the crypto industry.

On the other hand, Trump is also selecting candidates for the position of US Finance Minister. Kevin Warsh, former governor of the Federal Reserve, and Marc Argentan, CEO of Apollo Global Management, became the strongest candidate. Based on data from Polymarket, Warsh's chances of leading the Treasury Department reached 53%.

If pro-crypto candidates like Guillen succeed in occupying the position of SEC Chair, digital asset industry players are optimistic that regulatory clarity will create that supports crypto growth in the United States more. This is expected to be able to trigger new waves in the digital asset market, including Bitcoin and altcoin.

This move is also considered strategic enough for Trump to encourage innovation in the financial sector, in line with the increasing adoption of blockchain globally. With the new leadership in favor of technology, the United States has the potential to become a major player in the cryptocurrency sector.