Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has launched a sweeping enforcement campaign targeting the cryptocurrency industry. This intensified push comes amidst speculation about his potential departure, sparking debate over his lasting impact on the regulatory landscape of digital assets.
Since taking office in 2021, Gensler has been vocal about the need for stricter oversight of cryptocurrencies, which he views as a potential threat to investor protection. Under

Elon Musk has raised alarm over the U.S. financial situation, stating that the country is heading toward "bankruptcy." His comments came in response to recent data revealing a dramatic $204 billion increase in federal debt in just one day, which pushed the national debt to a record $35.67 trillion at the start of the fiscal year. The U.S. Treasury also recorded a $275 billion deficit in the same period, highlighting growing fiscal challenges.

Musk emphasized that without significant reforms, th