Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure in January could transform the U.S. cryptocurrency regulatory landscape.
Gensler, a staunch critic of the digital assets industry, confirmed on social media platform X last week that he will resign from his role the day of President-elect Donald Trump’s inauguration.
Trump and Gensler possess contrasting views of crypto.
Gensler has cracked down on the crypto industry since he was appointed head of the SEC in 2021.
Speaking at the Piper Sandler Global Exchange and FinTech Conference in New York City last year, the outgoing SEC chief said the crypto frenzy has been rife with “Hucksters. Fraudsters. Scam artists. Ponzi schemes.”…