Investing.com -- U.S. President Donald Trump announced on Tuesday that the crypto industry is in urgent need of regulatory certainty and clear rules to follow.
He believes that Paul Atkins, the newly appointed Chairman of the Securities and Exchange Commission (SEC), is the ideal person to provide these guidelines.
Speaking at Atkins’ swearing-in ceremony as the SEC chairman, Trump emphasized the pressing need for clear regulatory rules in the crypto industry, a sector that is eagerly awaiting such guidance.
In other news, Bitcoin , a leading cryptocurrency, has seen a 6.5% increase in value over the past 24 hours, trading in the mid $90,000 range.
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