Rumors are swirling that SEC Chair Gary Gensler might resign soon following Trump’s 2024 election victory. Notably, XRP lawyer James Murphy points out a trend: SEC chairs often step down after a new president is elected. With Gensler potentially on his way out, all eyes are on Hester Peirce – known for her pro-crypto stance – as a possible replacement.
Former SEC official John Reed Stark suggests that if Gensler leaves, Trump’s administration might favor a more crypto-friendly SEC chair. This shift could bring fewer restrictions and a fresh approach to the crypto industry 🚀. Could this mean brighter days ahead for crypto businesses?
What do you think? Will Gensler leave? Comment below and follow for updates! 📢
