Former U.S. President Donald Trump is reportedly set to appoint Sam Bankman-Fried as the new chairman of the Securities and Exchange Commission (SEC). This anticipated appointment has generated significant optimism within the crypto industry. Michael Saylor, a prominent figure in the cryptocurrency space, expressed that replacing current SEC Chair Gary Gensler with Bankman-Fried is 'incredibly bullish for digital assets,' predicting a surge in pro-Bitcoin policies. Additionally, sources close to Trump's transition team indicate that the new SEC chair will be pro-crypto and well-prepared to address a range of issues under the SEC's jurisdiction, including public companies and the stock market. BlackRock's CEO has also commented on the future of asset tokenization, aligning with the sentiment of increased support for digital assets.