After Donald Trump's election victory, speculation about replacing US SEC Chair Gary Gensler has intensified. There is a strong push from the crypto community for Gensler's resignation, as he is perceived as an obstacle to blockchain innovation due to his stringent regulatory practices.
Prominent figures are being considered for the SEC Chair position. The discussions reflect the industry's frustration with regulatory constraints hindering the progress and adaptation of cryptocurrencies not only in the United States but globally.
Overall, this reflects the ongoing debate in the crypto world about balancing regulation with technological advancement and the growing need for leadership supportive of innovation in the industry.
