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Victory For Crypto: SEC Chair Gary Gensler’s Departure Set For January 20, 2025 Bitcoinist 21 nov. 2024

Victory For Crypto: SEC Chair Gary Gensler’s Departure Set For January 20, 2025 🇺🇸

Cryptocurrency SEC Gary Gensler Donald Trump USA

In a notable development for the cryptocurrency market, the current Chair of the US Securities and Exchange Commission (SEC), Gary Gensler, has announced plans to step down from his position on January 20, 2025. This resignation aligns with the presidential inauguration of President-elect Donald Trump.

The announcement of Gensler's departure is viewed as favorable news by crypto advocates, who have often criticized his policies and approach to regulating the industry. His tenure has been marked by significant scrutiny of cryptocurrency operations, including enforcement actions.

Market participants anticipate that Gensler’s exit may pave the way for regulatory changes under the new administration that could be more accommodating for the cryptocurrency sector. The change in leadership is seen as a potential turning point for fostering innovation within the space.

Source : bitcoinist.com ↗

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