Gensler’s tenure was marked by a strong enforcement approach against digital assets, often perceived as damaging and unfair, leaving many in the crypto space frustrated.
The lack of regulatory support wasn’t solely Gensler's fault; Congress has failed to enact new laws regarding digital assets, leaving him with limited options.
While Gensler managed the fallout from major scandals like FTX, which were not his doing, his enforcement-first policy was viewed more as a crackdown than necessary reform.
Gensler's exit is celebrated by some, but it highlights broader issues in financial regulation, as many lawmakers who criticize him share the blame for legislative stagnation.
Collection
[
|
...
]