Rumors are circulating that Brian Brooks, a current board member of a crypto project and former CEO of Binance.US, may be considered to replace Gary Gensler as the head of the SEC. This speculation has caused a 29% increase in the price of Hedera's HBAR token, currently trading at $0.1435. Despite a 159% climb in the past week, HBAR has not reached its all-time high of $0.5692 from September 2021. Brooks, an American lawyer and banker, briefly served as the Acting Comptroller of the Currency. The rumor of his potential appointment to the SEC has not been confirmed. Additionally, Canary Capital's filing for a Canary HBAR ETF with the SEC has further boosted HBAR's value. The firm, led by Steven McClurg, has been active in submitting ETF registrations for Litecoin and Solana as well. Read more AI-generated news on: https://app.chaingpt.org/news