As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen.
The nomination of the 33rd Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler on April 17, 2021, was viewed as a huge relief in the crypto space. Nearly three years later, the former Goldman Sachs Investment banker has turned against the crypto in what seems like pleasing the Oval Office for future favors. In a recent detailed piece by news outlet, Fortune, Democratic congressman Ritchie Torres, argued that Gensler is a mere politician who is masquerading as a regulator. Furthermore, Gensler has continued to advocate for the crypto market to be regulated under decades-oldRead More »