Tag Archives: Gary Gensler

TL:DR; Enemy number one for Ripple and many other cryptocurrency projects in the US will be leaving in January. XRP already reacted with a massive surge after the news broke, but how high can it go? This is the answer from ChatGPT and Perplexity. Gensler Leaves, XRP Surges The current chair of the US Securities and Exchange Commission announced on Thursday evening the long-anticipated news that he will leave his position at the agency on January 20, 2025 – the day...

Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), confirmed on Thursday that he will be stepping down from his role starting in January.  Gensler confirmed the news in an announcement on Twitter and a post to the SEC’s website, saying it had been an “honor of a lifetime” to “ensure that our capital markets remain the best in the world.” “I thank President Biden for entrusting me with this incredible responsibility,” Gensler added. “The...

The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated up. “As Trump searches for a pro-crypto SEC Chair, crypto prices will likely continue to rise,” predicted the Kobeissi...

Tron founder Justin Sun has offered Gary Gensler, the beleaguered chair of the U.S. Securities and Exchange Commission (SEC), a job. The offer came to light in a recent X post, in which Sun expressed his willingness to hire Gensler provided he could “genuinely treat the crypto industry with sincerity.” SEC Chair Gets a Lifeline This unexpected invite comes as the crypto community is celebrating Donald Trump’s return to the White House. Since he was last president, Trump has...

Coinbase CEO Brian Armstrong has called for the next US Securities and Exchange Commission (SEC) chair to address the agency’s perceived inconsistencies in its approach to digital assets. Armstrong’s criticism stems from the securities regulator’s shifting stance throughout the years which has caused frustration within the community. SEC’s Contradictions on Crypto His tweet, which accompanied a compilation of conflicting SEC statements on the issue, argued that the new chair...

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[unable to retrieve full-text content]CoinspeakerConsensys: US SEC Chairman Gary Gensler All Along Believed Ethereum Was Security The revelations come a few days after Consensys sued the US SEC for attempting to label Ethereum amid decreased odds of spot Ether ETF approval. Consensys: US SEC Chairman Gary Gensler All Along Believed Ethereum Was Security