#GaryGensler , Chairman of the US Securities and Exchange Commission (#SEC ), who has been virtually breathless in the cryptocurrency market during his term, announced his resignation.
Gensler, as stated in his personal X account and the SEC's official website, "I will be leaving the SEC chairmanship on January 20." savings were used.
Gensler thanked his employees and said, "Working together on behalf of Americans and ensuring that our capital markets remain the best in the world will be an honor I will carry throughout my life. I thank Joe Biden for entrusting me with this incredible responsibility. The SEC has fulfilled its duty and implemented the law fearlessly and in a piecemeal manner."
The activity in the cryptocurrency markets increased after Gensler's use. While Bitcoin, a cryptocurrency, broke a new record by exceeding $ 98,400, it was seen that altcoins also saw great increases. Ether, the second largest cryptocurrency by market value, is approaching 3,400, while double-digit increases dominate many altcoins.
The SEC has filed numerous lawsuits against cryptocurrency products and groups owned by Gensler, virtually starting a witch hunt. In addition to continuing the lawsuit filed against Ripple in December 2020 under Gensler's management, the institution also sued both Coinbase and Binance in 2023.
Not limited to these, the SEC also sued exchanges such as Kraken and Gemini in the same year. On the other hand, in these lawsuits, it claimed that more than 60 cryptocurrencies were "securities" and that their sales were of an illegal nature.
SEC Chairman Gary Gensler officially announced his resignation: Bitcoin broke a record.
#BTC100KToday? #binance #BTC
