Big changes are coming to the US SEC! Gary Gensler, the current SEC Chairman, will step down on January 20, 2025, coinciding with Donald Trump’s return to the presidency. 🤔
- Gensler is known for his strict approach to crypto, leading over 100 regulatory actions. However, his departure could mark a new era for the SEC.
- Trump plans to make the US the “crypto capital of the world” by appointing leaders who support innovation. Summer Mersinger, the CFTC commissioner, is said to be a strong candidate.
- Ripple hopes Gensler’s successor will bring greater transparency and collaboration, paving the way for clearer crypto regulations.
Let’s see what the future of crypto in the US holds! 🚀