Gensler's departure marks a significant shift in SEC leadership, highlighting his contentious relationship with the crypto industry and his unwavering commitment to investor protection.
While Gensler praised the SEC staff, his tenure was marked by robust enforcement actions against major crypto platforms, reflecting a hardline regulatory approach.
Despite industry hopes for leniency, Gensler's SEC expanded enforcement, suing Coinbase, Kraken, and others for operating as unregistered securities brokers, demonstrating a strong regulatory stance.
Gensler’s resignation coincides with Trump’s inauguration, signaling a potential change in crypto regulation direction, as he departs after overseeing pivotal enforcement actions.
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