Yesterday, rumors of the resignation of US Securities and Exchange Commission (SEC) chairman Gary Gensler circulated the Internet. But in the end, the rumor turned out to be a hoax. This greatly disappointed the crypto community.
But the center of the controversy over other crypto assets viewed as securities by Gensler’s agency is not yet over.
Gary Gensler Resignation Rumors
Gary Gensler is one of the few hated figures in the crypto community. Rumors of his resignation have delighted the community after Gensler launched a full-blown attack on the crypto industry. Gensler’s tweet came from a Twitter account called ‘whalechart’, which has been viewed more than 1.6 million times.
however The SEC public relations team also came out.refuseFinally, such claims
In addition, after further investigation, it was found that The rumors were created by artificial intelligence (AI), but Messari founder and CEO Ryan Selkis said He wouldn’t be surprised if Gensler resigned soon, adding that firing Gensler could give the Biden administration the support of nearly 50,000 voters.
The lack of regulatory clarity, the refusal to give the green light to a spot Bitcoin ETF, the oppressive regulation on stablecoins and the SEC’s custody and funding regulations. All of this promotes a regulatory image that hinders innovation and access to finance.
Therefore, the removal of Gensler is expected to be welcome news for the entire industry.
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