SEC Chair Gary Gensler is set to resign from his position in January 2025, according to an announcement from the US Securities and Exchange Commission (SEC).
Gensler has faced increasing pressure to step down since the election of Donald Trump as President of the United States.
His tenure as SEC Chair has been closely watched, with significant implications for the cryptocurrency and financial sectors.
Gensler's departure is expected to impact future regulatory directions and approaches within the SEC.
