Breaking News:
1. SEC Chairman Gensler will step down on January 20, 2025, which is viewed as positive news for the cryptocurrency industry.
2. Since taking office in April 2021, Gensler has been regarded as the toughest regulator in the cryptocurrency industry.
3. During his tenure, the SEC has repeatedly rejected applications for Bitcoin spot ETFs.
4. Under Gensler's leadership, the SEC has initiated lawsuits against several cryptocurrency trading platforms.
5. The lawsuit against Binance and its founder Changpeng Zhao is the most high-profile enforcement action during Gensler's term.
6. Gensler's regulatory stance is seen as protecting investors while also stifling innovation in the crypto industry.
7. The industry widely anticipates that the regulatory attitude toward cryptocurrencies may change after Gensler's departure.
