The Trump administration may replace Gary Gensler as the US SEC chair with Dan Gallagher, according to a Reuters report. Gensler’s term ends in 2026, and Dan Gallagher is a popular choice among crypto executives. He has advocated for treating digital assets as a distinct asset class rather than securities, which may lead to crypto-friendly policies.

Other probable candidates include Hester Pierce, Mark Uyeda, Paul Atkins, and Robert Stebbins.

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