US SEC Chairman Gary Gensler announced on X that he will step down from his position on January 20, 2025. This date coincides with the inauguration of Donald Trump as the 47th President of the United States. ๐ŸŽ‰

Gensler said that the SEC is an extraordinary institution with a dedicated staff to protect investors and ensure that markets function properly. However, this news did not shake up the crypto market too much, except for Ripple (XRP) which immediately shot up 5%! ๐Ÿš€

Many speculate that Gensler's resignation could change the SEC's attitude towards Ripple. So, who do you think will replace Gensler? Come on, write your opinion in the comments column!