Mary Andreeva
@layrelin
⚡️ Gary Gensler is stepping down! Gary Gensler is the head of the US Securities and Exchange Commission (SEC), and the man who has kept the entire crypto market in fear for the past few years due to his strict and aggressive approach to crypto regulation. His actions have led to: • Lawsuits with Ripple and Coinbase. • Complicated launch of crypto ETFs. • Strict requirements for decentralized finance (DeFi) and crypto exchanges. Gensler recently officially confirmed that he will leave the post on January 20, 2025. Why is this good news? His resignation could be a turning point for the crypto market. Already, tokens previously involved in the proceedings are growing: XRP has grown by 200%, XLM - by 390%. What now? The question is who will take his place. If it is someone more crypto-friendly, the market could see significant regulatory easing and capital inflows.
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