Enochmilas
vip

THE TRUMP EFFECT !!!



During the US presidential election campaign, Trump sought to appeal to cryptocurrency investors with a promise to sack Gary Gensler - chair of the US financial regulator the Securities and Exchange Commission (SEC) - on "day one" of his presidency.

Mr Gensler's approach to the cryptocurrency sector has been decidedly less friendly than Trump's.

He told the BBC in September it was an industry “rife with fraud and hucksters and grifters”.

Under his leadership, the SEC brought a record 46 crypto-related enforcement actions against firms in 2023.

Mr Gensler said in November he would step down on 20 January - the day of Trump's inauguration.

The choice of Paul Atkins to replace him at the helm of the SEC has been welcomed by crypto advocates.

Mike Novogratz, founder and chief executive of US crypto firm Galaxy Digital said he hoped the "clearer regulatory path" would now accelerate the digital currency ecosystem's entry into "the financial mainstream."
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)