• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump initiates Gensler's replacement at SEC with a pro-crypto leader

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump’s pledge to replace SEC Chair Gary Gensler has sparked excitement among cryptocurrency enthusiasts.

Gensler’s Possible Successor

Donald Trump’s victory in the US presidential elections has energized the crypto sector due to his shift from skepticism to support for digital assets. He expressed intent to fire SEC Chair Gary Gensler on his first day, which excited the XRP community. Journalist Eleanor Terrett mentioned she spoke to a source close to the transition team who assured her the new chair would be pro-crypto.

I promise you it will be someone pro-crypto.Eleanor Terrett

The Potential Effect on the Case

Attorney Fred Rispoli believes Trump’s election could bring significant changes to SEC's operations. He argued that the $125 million fine imposed on Ripple is the largest achievement for the agency. Rispoli anticipates that new leadership will recognize the futility of the case and opt for settlement.

A new SEC Chair more open to innovation could be a positive development for the whole digital asset market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Jack Dorsey Expands Bitcoin Payment Options for Square Merchants

chest

Jack Dorsey announced a significant integration of Bitcoin payment options for over 4 million Square merchants, allowing transactions in both BTC and fiat currency.

user avatarLi Weicheng

Shiba Inu Burn Rate Increases, Signaling Renewed Interest

chest

Shiba Inu's burn activity has surged, indicating a potential price upside and increased community engagement.

user avatarAisha Farooq

Concerns Raised Over Bitcoin Price Trajectory

chest

Concerns raised by Mike McGlone about Bitcoin's price trajectory, suggesting a potential reversion to around 50,000 due to its correlation with the SP 500.

user avatarBayarjavkhlan Ganbaatar

MicroStrategy Target Set at 630 Amidst Bitcoin Optimism

chest

BTIG maintains a buy rating on MicroStrategy with a price target set at 630, amidst optimism surrounding Bitcoin.

user avatarTenzin Dorje

Corporation Implements Operational Changes for Sustainability

chest

The corporation plans to revise its operational processes to reduce carbon emissions and energy use as part of its new sustainability strategy.

user avatarMohamed Farouk

Global Corporation Shifts to Sustainable Practices

chest

A major international corporation announces a strategic shift towards sustainability, focusing on advanced analytics to reduce waste and improve resource use.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.