The SEC has met our mission and enforced the law without fear or favor, emphasizing high-impact enforcement cases that returned billions to harmed investors during Gary Gensler's tenure.
Gensler, known for taking a hard stance against the cryptocurrency industry, faced backlash from crypto investors, especially after suing companies like Binance and Coinbase for alleged wrongdoing.
As Gensler departs from the SEC on January 20, the cryptocurrency industry, which has vocally opposed him, anticipates a shift in regulatory approach under the incoming administration.
Donald Trump, who previously criticized Bitcoin, has now embraced cryptocurrency, claiming he will make the U.S. 'the crypto capital of the planet' with supportive Cabinet appointments.
#gary-gensler #securities-and-exchange-commission #cryptocurrency-regulation #trump-administration #crypto-industry
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