The value of bitcoin has soared in the past month, with bets on an incoming crypto-friendly presidential administration. There’s news that president-elect Donald Trump plans to appoint a crypto-friendly chair for the Securities and Exchange Commission: Paul Atkins. Trump has also announced his pick to head the IRS: Missouri’s Billy Long. What should we make of these two appointment choices? We discuss. Also: a boiling point in the U.S. and China’s feud over semiconductor chips.
