Gensler Defends Crypto Stance Amid Trump Pressure for SEC Shakeup
TL;DR Summary
SEC Chair Gary Gensler reaffirmed his stance on crypto regulation, emphasizing the need for proper registration and disclosure of digital assets, amid potential removal by President-elect Donald Trump. Gensler highlighted the SEC's efforts in approving Bitcoin ETFs and enforcing compliance, while Trump has promised to fire him if elected, raising uncertainty about the future of crypto regulation. Trump's ability to remove Gensler is unclear, as it would require Senate approval, and he has not announced a replacement.
- SEC chair doubles down on crypto stance under threat of Trump ousting Cointelegraph
- Gary Gensler says he was 'proud to serve' as SEC chair, defends his approach to crypto regulation CNBC
- Gary Gensler’s Ambitious SEC Agenda Could Be Near Its End The Wall Street Journal
- Gensler Makes Final Pitch on Crypto Rules as Trump Vows New Tack Bloomberg
- How Donald Trump will drain the DC swamp to boost US business New York Post
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