Gary Gensler, known for his strict approach to crypto regulation, will step down on January 20, 2025, as Donald Trump returns to the White House. During his tenure, he led over 100 enforcement actions against crypto companies, sparking industry debates.
The market reacted positively, with $BTC and $ETH surging and $XRP surpassing $1.20. Reports suggest Trump intends to appoint a more crypto-friendly successor, potentially signaling a shift in regulatory direction.