As SEC Chairman #GaryGensler prepares to step down on January 20, he leaves behind a legacy of strict enforcement in the crypto sector, marked by 100 actions during his tenure and consistent skepticism of the industry’s fundamentals.

Labeling crypto “rife with bad actors,” Gensler warned of high failure rates among the 10,000+ projects, likening them to venture investments with limited survival prospects.

His hardline stance, including classifying most cryptocurrencies as securities, has been polarizing, creating both regulatory clarity and tension within the market.

Traders should remain cautious, focusing on well-established projects and regulatory developments as the crypto landscape continues to evolve under new leadership.

#bitcoin #BinanceAlphaAlert #USJoblessClaimsDrop #MicroStrategyAcquiresBTC