Crypto Daily – The bane of the cryptocurrency industry’s existence, Gary Gensler, will step down as Chair of the US Securities and Exchange Commission (SEC). The market surged in response to news of Gensler’s upcoming departure, with (XRP) up nearly 26%, while (BTC) nears the vital $100,000 mark.
Gary Gensler, the 33rd Chairman of the US Securities and Exchange Commission (SEC), will resign on January 20, 2025 – the day of President-elect Donald Trump’s inauguration.
Gensler to Resign the Day of Trump’s Inauguration
The US Securities and Exchange Commission (SEC) announced that its 33rd Chair, Gary Gensler, will resign on January 20, 2025. Gensler, who chaired the securities regulator since April 2021, is set to resign on the day of President-elect Donald Trump’s inauguration.
The agency announced the news in a press release detailing Gensler’s accomplishments…
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