Ripple Vs SEC: Ex-CFTC, Pro-XRP Lawyers Say US SEC Will Drop the Appeal
Former CFTC Chairman Chris Giancarlo told FOX Business that the "new SEC will drop the appeal."
Lawyer Bill Morgan asserts the appeal will largely disappear when SEC Chair Gary Gensler resigns on Jan 20.
US court ruled in favor Ripple and CEO Brad Garlinghouse in another XRP lawsuit.
XRP price jumps 10% to hit a new 3-year high today.
https://coingape.com/ripple-vs-sec-ex-cftc-pro-xrp-lawyers-say-us-sec-will-drop-the-appeal/
Topic: JUST IN: Gary Gensler to step down as SEC Chair (Read 624 times)
He don't have any choice but to do that since he already know what will happen to his career once Trump officially take over the Presidency in January. To save up his face he preceded before Trump kick his ass on SEC. Now everything is doing good now and we see the anti bitcoin official has been out in his office. So hopefully we can see Trump hire a good secretary which can provably support bitcoin and make it great in USA.
What I see is Trump is just planning Teresa Goody to be his SEC chairman does it already happen? I think I missed out the latest update so hopefully someone give the newest news about this.
She's really good candidate by looking at this article https://bravenewcoin.com/insights/trump-considers-crypto-lawyer-teresa-goody-guillen-to-lead-sec hopefully we can see more better approach and adoption of bitcoin if these pro crypto people will get a position in government under Trump administration.
What I see is Trump is just planning Teresa Goody to be his SEC chairman does it already happen? I think I missed out the latest update so hopefully someone give the newest news about this.
She's really good candidate by looking at this article https://bravenewcoin.com/insights/trump-considers-crypto-lawyer-teresa-goody-guillen-to-lead-sec hopefully we can see more better approach and adoption of bitcoin if these pro crypto people will get a position in government under Trump administration.
I'm certain Gary's replacement will do an outstanding job within the next 4 years. A lot of spot ETF applications might be approved under Teresa Goody's watch. It's likely we'll see a Solana ETF, an XRP ETF, and even a Litecoin ETF approved soon. Exciting times ahead for the crypto industry in America and abroad. Having Uncle Gary off the picture is a huge relief to many. It's been nothing but aggressive crackdowns under his tenure. The market already reacted positively to this news.
It seems that Trump will be taking Bitcoin and other cryptocurrencies seriously. With many pro-crypto officials in his administration, anything's possible. At least, BTC will be riding off into the sunset. I can sense it going to $1m real soon...
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
It's very good and I hope the next person would do more better than him because the career of Gensler is dynamic, to say the least, as it is full of controversies and discussions. For the time that Gensler has been active in the SEC, the agency has been active in bringing regulation to the crypto sphere. The SEC has taken enforcement actions against crypto brokers for fraudulent activities, wash trades, unregistered selling, among other violations of the law.
https://www.fxempire.com/forecasts/article/xrp-news-today-gary-gensler-resigns-sec-appeal-in-limbo-as-btc-hits-98k-1478030
The news would bring a bit more of a bullish sentiment onto the market because "the SEC devil is gone," but I do hope for the person next in line to be better than him or just to be neutral for the crypto space in a scenario where we would do our own thing, and he would only step out if there is something that really needs the regulations intact.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
It's very good and I hope the next person would do more better than him because the career of Gensler is dynamic, to say the least, as it is full of controversies and discussions. For the time that Gensler has been active in the SEC, the agency has been active in bringing regulation to the crypto sphere. The SEC has taken enforcement actions against crypto brokers for fraudulent activities, wash trades, unregistered selling, among other violations of the law.
https://www.fxempire.com/forecasts/article/xrp-news-today-gary-gensler-resigns-sec-appeal-in-limbo-as-btc-hits-98k-1478030
Geinsler withdrawal is one good thing happen in US government since we already see a crypto hater official step down on his office and hopefully their next secretary is a true pro crypto expert.
This is a wrong statement, he is not a "crypto hater ", otherwise he would have not approve the ETF. It’s completely normal for a SEC chair to prioritize ensuring that laws are followed and investors are protected. When it comes to crypto, their stance is clear: it must comply with the legal framework, especially for unregistered tokens that need proper registration first.
Being strict in implementation isn’t a bad thing, it actually helps maintain market integrity. After all, the last thing we want is for the crypto market to grow only to collapse later because scammers exploited loopholes. A well-regulated system can prevent those abuses and foster long-term growth.
Some in the space see him as the absolute, evil, but I too think that whatever he had on his mind, he falls off in a middle, gray territory.
Nevertheless, it's worthwhile to wait and see who would take his place and what he would make of the space and regulations for it.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
If Donald Trump comes to power, Gary Gensler will have to leave his position. Obviously he didn't have any trouble understanding this fact. Donald Trump has already come to power and Gensler is counting down the days until he can be relieved of his duties. Although Trump cannot directly fire him without any reason according to the law, since he was previously announced, it is logical for him to leave with honor. If he leaves on January 20 it would be a good news for all crypto enthusiast, new one will be selected to take the responsibility. At this point, we can consider Trump as a crypto fan and for that reason he will definitely give the responsibility to someone who is qualified. We will soon cross $100k and we can set a new goal for 1 million.Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
He may be seen as good for the crypto space, but he may not deliver on all of the points that he made before. There would be nothing wrong or bad about that because - he is no crypto enthusiast at heart in the way we understand that term, he uses some themes here and there to be more appealing for that or this audience - that's how I see it.
But I do hope that, during his term, we will have a ride of good news ahead of us, just like this recent one about Harry.
But the current condition is also still unclear, Trump's promise is uncertain and we are currently in an unpredictable period in the near future.
In fact, we don't need to care whether Trump actually likes crypto or not, it doesn't matter because as president he has more important issues to deal with. What we need is as long as he is not too strict with it and supports its existence, then that is our victory.
Not only you but many people, especially Democrats are still skeptical about his promises. Trump may not have delivered on all his promises, but Gary abruptly resigned even before Trump officially took office. That shows Gary knows something we don't and I believe it would put him at a disadvantage if he stayed so he decided to resign. Through Gary's resignation, we can be sure that Trump will become a pro-crypto president.
He hasn't yet taken office in fact - but I agree that more time is needed to judge what Trump would do for the space in that perspective.
He will be inaugurated only in January, as far as I know.
But the current condition is also still unclear, Trump's promise is uncertain and we are currently in an unpredictable period in the near future.
In fact, we don't need to care whether Trump actually likes crypto or not, it doesn't matter because as president he has more important issues to deal with. What we need is as long as he is not too strict with it and supports its existence, then that is our victory.
Not only you but many people, especially Democrats are still skeptical about his promises. Trump may not have delivered on all his promises, but Gary abruptly resigned even before Trump officially took office. That shows Gary knows something we don't and I believe it would put him at a disadvantage if he stayed so he decided to resign. Through Gary's resignation, we can be sure that Trump will become a pro-crypto president.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
If Donald Trump comes to power, Gary Gensler will have to leave his position. Obviously he didn't have any trouble understanding this fact. Donald Trump has already come to power and Gensler is counting down the days until he can be relieved of his duties. Although Trump cannot directly fire him without any reason according to the law, since he was previously announced, it is logical for him to leave with honor. If he leaves on January 20 it would be a good news for all crypto enthusiast, new one will be selected to take the responsibility. At this point, we can consider Trump as a crypto fan and for that reason he will definitely give the responsibility to someone who is qualified. We will soon cross $100k and we can set a new goal for 1 million. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Now with the new SEC chair in place under Donald Trump administration, there may be a regulatory clarity coming into play, as to which cryptos are to call a security or a commodity.
Actually he wasn't full-blown evil, it seemed like he just wanted to make money. LOL. The SEC with Gensler has given room for crypto development. But I think the space is still too small. Another problem is that the SEC's uncertain standards make most crypto users hate them. Trump as a presidential candidate is very smart to take advantage of a small gap to enter and get support during the election. Gensler's withdrawal is a great hope that the policy will be more friendly. Have definite laws and clear regulations. But the current condition is also still unclear, Trump's promise is uncertain and we are currently in an unpredictable period in the near future.
Geinsler withdrawal is one good thing happen in US government since we already see a crypto hater official step down on his office and hopefully their next secretary is a true pro crypto expert.
This is a wrong statement, he is not a "crypto hater ", otherwise he would have not approve the ETF. It’s completely normal for a SEC chair to prioritize ensuring that laws are followed and investors are protected. When it comes to crypto, their stance is clear: it must comply with the legal framework, especially for unregistered tokens that need proper registration first.
Being strict in implementation isn’t a bad thing, it actually helps maintain market integrity. After all, the last thing we want is for the crypto market to grow only to collapse later because scammers exploited loopholes. A well-regulated system can prevent those abuses and foster long-term growth.
Now with the new SEC chair in place under Donald Trump administration, there may be a regulatory clarity coming into play, as to which cryptos are to call a security or a commodity.
Actually he wasn't full-blown evil, it seemed like he just wanted to make money. LOL. The SEC with Gensler has given room for crypto development. But I think the space is still too small. Another problem is that the SEC's uncertain standards make most crypto users hate them. Trump as a presidential candidate is very smart to take advantage of a small gap to enter and get support during the election. Gensler's withdrawal is a great hope that the policy will be more friendly. Have definite laws and clear regulations. But the current condition is also still unclear, Trump's promise is uncertain and we are currently in an unpredictable period in the near future.
What are you saying about he gives a room for crypto development? while the fact is the one who lead crypto crackdown in US. See this article https://apnews.com/article/sec-gensler-trump-bitcoin-12ed7655830172800a4741a6cb39f372
He's well known evil on crypto scene and I'm not surprised about what he did since he's a banker so provably he won't really support crypto because of that matters.
Geinsler withdrawal is one good thing happen in US government since we already see a crypto hater official step down on his office and hopefully their next secretary is a true pro crypto expert.
Now with the new SEC chair in place under Donald Trump administration, there may be a regulatory clarity coming into play, as to which cryptos are to call a security or a commodity.
Actually he wasn't full-blown evil, it seemed like he just wanted to make money. LOL. The SEC with Gensler has given room for crypto development. But I think the space is still too small. Another problem is that the SEC's uncertain standards make most crypto users hate them. Trump as a presidential candidate is very smart to take advantage of a small gap to enter and get support during the election. Gensler's withdrawal is a great hope that the policy will be more friendly. Have definite laws and clear regulations. But the current condition is also still unclear, Trump's promise is uncertain and we are currently in an unpredictable period in the near future.
The price level of btc is indeed increasing this month. Who would have thought that we will already reach this level this early. What more when a pro-crypto SEC chair starts endorsing crypto-related regulations and other protocols? It will surely be a positive impact on this market.
If the sentiment is quite positive, I believe it is high time for crypto users to think about accumulating more satoshi because of the impending rise of btc value.
If the sentiment is quite positive, I believe it is high time for crypto users to think about accumulating more satoshi because of the impending rise of btc value.
I think that buying on ATX is a bad idea, I understand that now people may have a period of great euphoria and they will most likely buy, but I do not expect a very big growth after reaching 100k, but when there is extreme greed in the market, they will buy at any price, then due to lack of experience they will become long-term holders, because they will know higher values.
Gensler's dismissal will be an expected event, but maybe during the dismissal the market will not react as strongly as it happened now, because the news is already having an impact.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Good riddance. He did more harm than good to the crypto industry in America. With Trump winning the Presidency again, Uncle Gary would have no choice but to resign. Even if he stayed, President Trump would fire him. Now that Gary Gensler will be out of the picture, the crypto industry will triumph once more. Perhaps, exchanges who left the country will make a comeback (Bittrex, Binance.US, etc). US citizens will now be able to participate in ICOs and trade on numerous exchanges due to the incoming administration's friendly stance towards the crypto/Blockchain industry.
Appointing Teresa Goody as SEC chairman is a wise decision. Now all that's left is for the US government to make its own BTC reserves, and nothing should stop Bitcoin from going to Mars. The next 4 years will mark the "Golden Age" of crypto in the US and abroad. Maybe BTC will finally reach $1m? I can't wait for that to happen. I'd expect a long-lasting bullish market without Uncle Gary in the picture. Cheers.
He don't have any choice but to do that since he already know what will happen to his career once Trump officially take over the Presidency in January. To save up his face he preceded before Trump kick his ass on SEC. Now everything is doing good now and we see the anti bitcoin official has been out in his office. So hopefully we can see Trump hire a good secretary which can provably support bitcoin and make it great in USA.
What I see is Trump is just planning Teresa Goody to be his SEC chairman does it already happen? I think I missed out the latest update so hopefully someone give the newest news about this.
She's really good candidate by looking at this article https://bravenewcoin.com/insights/trump-considers-crypto-lawyer-teresa-goody-guillen-to-lead-sec hopefully we can see more better approach and adoption of bitcoin if these pro crypto people will get a position in government under Trump administration.
The trouble with Gensler leaving is that Trump is still an unknown X factor in all of this. While the price did go up after he got elected, that was just people assuming he will be great to bitcoin because he was in bitcoin conference. Remember, this is his last election and he is free to do whatever, he will never be candidate again, and that's why we can't do anything better about this just yet, since he could do whatever he wants, SCOTUS is with him, and things could go very wild for a very long time as well.
We can't keep him to his promise, what's going to happen at worst? If he does dirty to bitcoiners, then people won't vote for him? He already won his last one, there is nothing to threaten him with anymore, his promises mean nothing now. It's a scary thing, hope he keeps his word, and appoints a pro-bitcoin person.
We can't keep him to his promise, what's going to happen at worst? If he does dirty to bitcoiners, then people won't vote for him? He already won his last one, there is nothing to threaten him with anymore, his promises mean nothing now. It's a scary thing, hope he keeps his word, and appoints a pro-bitcoin person.
This is what is expected base on his campaign promises, Market has started reacting positively because of this news, Gary Gensler has been this anti-crypto using his position to block policies which would have been favourable to the crypto industry base on his actions, and has failed to come out with regulatory clarity. Now with the new SEC chair in place under Donald Trump administration, there may be a regulatory clarity coming into play, as to which cryptos are to call a security or a commodity.
The price level of btc is indeed increasing this month. Who would have thought that we will already reach this level this early. What more when a pro-crypto SEC chair starts endorsing crypto-related regulations and other protocols? It will surely be a positive impact on this market.
If the sentiment is quite positive, I believe it is high time for crypto users to think about accumulating more satoshi because of the impending rise of btc value. It is only a matter of time before we see it rising steadily. And if there will be more crypto-related programs, the demand for sure will further increase.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Good riddance. He did more harm than good to the crypto industry in America. With Trump winning the Presidency again, Uncle Gary would have no choice but to resign. Even if he stayed, President Trump would fire him. Now that Gary Gensler will be out of the picture, the crypto industry will triumph once more. Perhaps, exchanges who left the country will make a comeback (Bittrex, Binance.US, etc). US citizens will now be able to participate in ICOs and trade on numerous exchanges due to the incoming administration's friendly stance towards the crypto/Blockchain industry.
Appointing Teresa Goody as SEC chairman is a wise decision. Now all that's left is for the US government to make its own BTC reserves, and nothing should stop Bitcoin from going to Mars. The next 4 years will mark the "Golden Age" of crypto in the US and abroad. Maybe BTC will finally reach $1m? I can't wait for that to happen. I'd expect a long-lasting bullish market without Uncle Gary in the picture. Cheers.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
Does it matter who is the SEC chairman? Gary Gensler didn't want to approve Bitcoin Spot ETFs but he approved and even admitted that he was forced to do that because of high interest from 3rd parties. He also said that he wouldn't accept other crypto spot ETFs because crypto is very volatile and it's not a security but soon later SEC approved Ethereum Spot ETFs.Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
If I was Gary Gensler, I would immediately leave the office after Bitcoin Spot ETF approvals because everything that happened around this topic only humiliated him. The whole situation made him not a man of his word. It also showed how small role he plays.
I think that we should expect many crypto ETFs from January. Trump has his own projects and there are also rumors that he wants to buy a crypto exchange. There will be big steps in crypto but sadly I'm afraid it will only do financially good for cryptos but it will kill the purpose that was put in them years ago, when they were created.
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term.
Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
This is what is expected base on his campaign promises, Market has started reacting positively because of this news, Gary Gensler has been this anti-crypto using his position to block policies which would have been favourable to the crypto industry base on his actions, and has failed to come out with regulatory clarity. Now with the new SEC chair in place under Donald Trump administration, there may be a regulatory clarity coming into play, as to which cryptos are to call a security or a commodity. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down
I guess this was something everyone was expecting to happen after Trump's comments in the bitcoin's conference earlier this year. It would be interesting to see how the market is going to react.
Thoughts on what to expect next as he's out of the picture? There were some talks that Trump is considering to assign Pro-crypto (Lawyer) Teresa Goody to lead the SEC.
https://www.coindesk.com/policy/2024/11/19/trump-said-to-consider-crypto-lawyer-teresa-goody-guillen-to-lead-sec/
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