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A U.S. senator has vowed to repeal the encryption policy of Securities and Exchange Commission Chairman Gary Gensler, in support of a candidate expected to advocate for innovation and create a friendly regulatory environment.
US lawmakers promise to take prompt action to revoke Kinsey's destruction of encryption currency
U.S. Senator Tim Scott (R-S.C.) issued a statement on the social media platform X, supporting the nomination of Paul Atkins to an important financial regulatory position. On January 7, the senator criticized Securities and Exchange Commission Chairman Gary Gensler and stated:
> Paul Atkins' extensive experience in financial regulation is crucial for reversing the damage caused to our capital markets and the U.S. economy by Chairman Gary Gensler.
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