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2019: Gary Gensler Applies to serve as an advisor to Binance.
2023: Gensler says #crypto is all "hucksters, fraudsters, scam artists."
When you can beat them join them , when you canât join them sue them. #Binance #crypto2023 #sec #gensler
2023: Gensler says #crypto is all "hucksters, fraudsters, scam artists."
When you can beat them join them , when you canât join them sue them. #Binance #crypto2023 #sec #gensler
It was predicted by the #meme. Apeindaily did it again.
#trump #TrumpInCrypto #TrumpSupportsCrypto #gensler
#trump #TrumpInCrypto #TrumpSupportsCrypto #gensler
đš BREAKING: Donald Trump & Crypto âŒïž
đ» Donald Trump plans to fire Gary Gensler on his first day in office and appoint a new SEC Chairman to build the future of #Bitcoin and crypto in the USA.
đ» He is also going to appoint a Bitcoin and crypto presidential regulatory council. đ€Ż
#KaleemsCryptoMehfilKCM #Bitcoin_Coneference_2024 #donaldtrump #gensler #MtGoxJulyRepayments
đ» Donald Trump plans to fire Gary Gensler on his first day in office and appoint a new SEC Chairman to build the future of #Bitcoin and crypto in the USA.
đ» He is also going to appoint a Bitcoin and crypto presidential regulatory council. đ€Ż
#KaleemsCryptoMehfilKCM #Bitcoin_Coneference_2024 #donaldtrump #gensler #MtGoxJulyRepayments
Will US Crypto Foe Gary Gensler Remain SEC Chair? When is the Change?
#SECCryptoRegulation #gensler
Investment bank TD Cowen's research group noted that the latest approval of #Ethereum #ETFsâ is an expected development following the approval of #Bitcoinâ ETFs earlier this year.
The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.
âAfter the SEC approved crypto futures ETFs, this decision was inevitable,â Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a âbasket of crypto tokensâ within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.
However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a âhighly criticalâ statement opposing the adoption of crypto legislation that could diminish his agency's power.
Investment bank TD Cowen's research group noted that the latest approval of Ethereum ETFs is an expected development following the approval of Bitcoin ETFs earlier this year.
The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.
âAfter the SEC approved crypto futures ETFs, this decision was inevitable,â Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a âbasket of crypto tokensâ within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.
However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a âhighly criticalâ statement opposing the adoption of crypto legislation that could diminish his agency's power.
Gensler said:
âThe crypto industry's track record of failures, scams, and bankruptcies is not because we don't have rules, or because the rules are unclear.
âThis is because many investors in the crypto industry do not play by the rules.â
Despite potential setbacks for Gensler's agency, TD Cowen predicts the SEC will maintain its Democratic majority through 2026. The research group expects the agency to continue taking action against crypto trading platforms that trade tokens believed to be unregistered securities.
Investment bank TD Cowen's research group noted that the latest approval of #Ethereum #ETFsâ is an expected development following the approval of #Bitcoinâ ETFs earlier this year.
The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.
âAfter the SEC approved crypto futures ETFs, this decision was inevitable,â Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a âbasket of crypto tokensâ within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.
However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a âhighly criticalâ statement opposing the adoption of crypto legislation that could diminish his agency's power.
Investment bank TD Cowen's research group noted that the latest approval of Ethereum ETFs is an expected development following the approval of Bitcoin ETFs earlier this year.
The approval, which came nearly six months earlier than expected, was seen as inevitable after the SEC approved Ethereum Futures ETFs.
âAfter the SEC approved crypto futures ETFs, this decision was inevitable,â Jaret Seiberg, a member of TD Cowen's Washington Research Group, said in a note Thursday. He also predicted that the next product could be a âbasket of crypto tokensâ within a year, possibly consisting of just Bitcoin and Ethereum, but potentially more.
However, the approval does not indicate a change in the SEC's overall attitude towards crypto, according to analysts. Gary Gensler, the agency's crypto-critical president, issued a âhighly criticalâ statement opposing the adoption of crypto legislation that could diminish his agency's power.
Gensler said:
âThe crypto industry's track record of failures, scams, and bankruptcies is not because we don't have rules, or because the rules are unclear.
âThis is because many investors in the crypto industry do not play by the rules.â
Despite potential setbacks for Gensler's agency, TD Cowen predicts the SEC will maintain its Democratic majority through 2026. The research group expects the agency to continue taking action against crypto trading platforms that trade tokens believed to be unregistered securities.
đŹđ„ Elon Musk Leads Crypto Charge Against Kamala Harris, Gensler đ„
âŽïž Elon Musk Criticizes Kamala Harris:
đ»Elon Musk has criticized Vice President Kamala Harris for her ascension as the Democratic nominee, echoing the sentiment of pro-Bitcoin candidate Robert F. Kennedy Jr.
âŽïžAbortion Stance:
đ»Musk also called out Harris for allegedly lying about Donald Trump's abortion stance.
- Community Notes: Musk used community notes to correct Harris' statement, which was flagged for potentially misleading information.
âŽïžCrypto Industry's Response:
đ»The crypto industry has also urged Harris to "fire Gary Gensler" from the SEC, citing his restrictive policies.
đ Stay informed with Kaleem's Crypto Mehfil !
KCM: Connecting Crypto Minds, Har Roz! đ
Need Your Support:
â Like đ | Comment đŹ | Repost đ |
Follow me for more updates! đ
@Kaleem Crypto Mehfil KCM
Let's keep the conversation going! đŹ
#ElonMuskTalks #kamalaHarris #gensler #KaleemsCryptoMehfilKCM #Bitcoin_Coneference_2024
âŽïž Elon Musk Criticizes Kamala Harris:
đ»Elon Musk has criticized Vice President Kamala Harris for her ascension as the Democratic nominee, echoing the sentiment of pro-Bitcoin candidate Robert F. Kennedy Jr.
âŽïžAbortion Stance:
đ»Musk also called out Harris for allegedly lying about Donald Trump's abortion stance.
- Community Notes: Musk used community notes to correct Harris' statement, which was flagged for potentially misleading information.
âŽïžCrypto Industry's Response:
đ»The crypto industry has also urged Harris to "fire Gary Gensler" from the SEC, citing his restrictive policies.
đ Stay informed with Kaleem's Crypto Mehfil !
KCM: Connecting Crypto Minds, Har Roz! đ
Need Your Support:
â Like đ | Comment đŹ | Repost đ |
Follow me for more updates! đ
@Kaleem Crypto Mehfil KCM
Let's keep the conversation going! đŹ
#ElonMuskTalks #kamalaHarris #gensler #KaleemsCryptoMehfilKCM #Bitcoin_Coneference_2024
đŁ SEC Chairman Gensler weighs in on approving more token ETFs
Gensler cites lack of investor protection in crypto markets amid ETF discussion.
SECâs Chairman Gary Gensler was questioned today on CNBCâs Squawk on the Street about the possible approval of exchange-traded funds (ETF) indexed to tokens such as Osmosis (OSMO) and Bonk (BONK) in the US. Jim Cramer, one of the showâs hosts, highlighted how multiple tokens registered millions in trading volume âthis very morning,â and questioned if the US shouldnât have âsome sort of productsâ to capture this volume.
đŹ âLet me say something more broadly about crypto markets: right now, without pre-judging anyone, these tokens, whether the ones Jim listed or other tokens, have not given you the disclosures that not only do you need to make your investment decisions, but also are required by the law,â said Gensler.
He adds that the SECâs role is to guarantee investors have disclosure and that exchanges are properly regulated to prevent fraud, market manipulation, and avoid trading against their customers.
đŹ âAnd these crypto exchanges, Jim, are doing things we would never allow this New York Stock Exchange to do. Our laws donât allow you to trade against your customers.â
Furthermore, Gensler mentions bankruptcy cases in crypto. Although he doesnât name specific companies or their former executives, the SEC Chairman hints that his remarks apply to Do Kwon, former Terraform Labsâ CEO, who is facing an extradition case after being arrested in Montenegro.
đŹ âSome of the leading lights in this field are either in jail, or about to go to jail, or waiting for extradition [âŠ] Itâs a suboptimal situation for investors. You are investing in a field right now that you are not getting the proper disclosure,â concludes Gensler on the next crypto ETFs topic.
#gensler
Gensler cites lack of investor protection in crypto markets amid ETF discussion.
SECâs Chairman Gary Gensler was questioned today on CNBCâs Squawk on the Street about the possible approval of exchange-traded funds (ETF) indexed to tokens such as Osmosis (OSMO) and Bonk (BONK) in the US. Jim Cramer, one of the showâs hosts, highlighted how multiple tokens registered millions in trading volume âthis very morning,â and questioned if the US shouldnât have âsome sort of productsâ to capture this volume.
đŹ âLet me say something more broadly about crypto markets: right now, without pre-judging anyone, these tokens, whether the ones Jim listed or other tokens, have not given you the disclosures that not only do you need to make your investment decisions, but also are required by the law,â said Gensler.
He adds that the SECâs role is to guarantee investors have disclosure and that exchanges are properly regulated to prevent fraud, market manipulation, and avoid trading against their customers.
đŹ âAnd these crypto exchanges, Jim, are doing things we would never allow this New York Stock Exchange to do. Our laws donât allow you to trade against your customers.â
Furthermore, Gensler mentions bankruptcy cases in crypto. Although he doesnât name specific companies or their former executives, the SEC Chairman hints that his remarks apply to Do Kwon, former Terraform Labsâ CEO, who is facing an extradition case after being arrested in Montenegro.
đŹ âSome of the leading lights in this field are either in jail, or about to go to jail, or waiting for extradition [âŠ] Itâs a suboptimal situation for investors. You are investing in a field right now that you are not getting the proper disclosure,â concludes Gensler on the next crypto ETFs topic.
#gensler
Is Gary Gensler on the Verge of Being Fired?
Is Gary Gensler on the Verge of Being Fired? What This Could Mean for the Crypto Market
Rumors are swirling around the fate of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, as some donors reportedly pressure Vice President Kamala Harris to push for his removal, according to Bloomberg. The question on everyoneâs mind: Is it possible Gensler could be fired in the coming days? If so, what impact would this have on the crypto market?
Gensler has been a polarizing figure, particularly within the cryptocurrency space. Since taking office, he has aggressively pursued regulatory actions against numerous crypto firms, including high-profile lawsuits against major exchanges like Binance and Coinbase. His stance has been seen as a heavy-handed approach to reigning in what he perceives as a âWild Westâ of financial markets.
While the possibility of Gensler being ousted remains speculative, the very discussion is significant. If the SEC leadership were to change, it could signal a dramatic shift in the regulatory landscape for crypto. A more lenient or crypto-friendly SEC Chair could result in greater clarity, reduced enforcement actions, and potentially, a more favorable market for digital assets.
On the other hand, if Gensler stays and his regulatory clampdown continues, it could further deter institutional investment in cryptocurrencies, dampening market sentiment. Uncertainty always creates volatility, and the mere rumors of Genslerâs removal have the potential to affect crypto prices in the short term.
Whether Gensler stays or goes, the next few weeks could prove crucial in shaping the future of U.S. crypto regulation, making this a story to watch closely for both investors and enthusiasts alike.
Read also popular post : Earn While you sleep with crypto â€ïž
$BTC $ETH
#SECCryptoRegulation #gensler #USNonFarmPayrollReport
Rumors are swirling around the fate of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, as some donors reportedly pressure Vice President Kamala Harris to push for his removal, according to Bloomberg. The question on everyoneâs mind: Is it possible Gensler could be fired in the coming days? If so, what impact would this have on the crypto market?
Gensler has been a polarizing figure, particularly within the cryptocurrency space. Since taking office, he has aggressively pursued regulatory actions against numerous crypto firms, including high-profile lawsuits against major exchanges like Binance and Coinbase. His stance has been seen as a heavy-handed approach to reigning in what he perceives as a âWild Westâ of financial markets.
While the possibility of Gensler being ousted remains speculative, the very discussion is significant. If the SEC leadership were to change, it could signal a dramatic shift in the regulatory landscape for crypto. A more lenient or crypto-friendly SEC Chair could result in greater clarity, reduced enforcement actions, and potentially, a more favorable market for digital assets.
On the other hand, if Gensler stays and his regulatory clampdown continues, it could further deter institutional investment in cryptocurrencies, dampening market sentiment. Uncertainty always creates volatility, and the mere rumors of Genslerâs removal have the potential to affect crypto prices in the short term.
Whether Gensler stays or goes, the next few weeks could prove crucial in shaping the future of U.S. crypto regulation, making this a story to watch closely for both investors and enthusiasts alike.
Read also popular post : Earn While you sleep with crypto â€ïž
$BTC $ETH
#SECCryptoRegulation #gensler #USNonFarmPayrollReport
