SEC chief changes imminent, Gensler may move to the Treasury Department

SEC (U.S. Securities and Exchange Commission) chairman changes are on the rise again, and internal news from the Senate revealed that Gary Gensler is becoming a strong candidate for the position of Treasury Secretary. For the cryptocurrency community, this news is mixed: the good news is that Gensler may step down as SEC chairman, and the impact of his regulatory policies may be weakened; the bad news is that if he moves to the Treasury Department, it may affect the direction of cryptocurrency policies at a more macro level. The market is waiting for subsequent developments to assess its actual impact on the cryptocurrency community.

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