Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), will resign on January 20, 2025. His tenure included important reforms such as strict oversight of cryptocurrencies, disclosure of climate change risks, and settlement of high-frequency stock trading. Despite his efforts to enhance market transparency, some consider him too aggressive. His resignation paves the way for President-elect Donald Trump to appoint a new SEC chairman, who is likely to be more supportive of easing regulations and market policies. #BTC #ETH
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#15-Day Posting Challenge
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), will resign on January 20, 2025. His tenure included important reforms such as strict oversight of cryptocurrencies, disclosure of climate change risks, and settlement of high-frequency stock trading. Despite his efforts to enhance market transparency, some consider him too aggressive.
His resignation paves the way for President-elect Donald Trump to appoint a new SEC chairman, who is likely to be more supportive of easing regulations and market policies. #BTC #ETH