empty
 
 
26.11.2024 11:40 AM
Donald Trump promises to fire Gary Gensler! Gensler's resignation and expectations of Trump's presidency sparks BTC rally.

This image is no longer relevant

Trump's second term as president begins on January 20.

Gary Gensler has long been a strong advocate for regulating the cryptocurrency industry. His actions were met with criticism and unrest within the crypto community, which accused the agency of "regulation by enforcement," especially after the SEC took action against major companies such as Coinbase, Binance, and Kraken.

Gensler began his tenure at the SEC on April 17, 2021, focusing on various aspects of financial market regulation. He led efforts for centralized clearing in Treasury bond markets, implemented changes in the relationship between executive compensation and performance. Besides, he continued his work on protecting investors in cryptocurrency markets. However, his stance that most cryptocurrencies are securities led to confrontations with other regulators, such as the Commodity Futures Trading Commission (CFTC).

His resignation announcement coincided with Donald Trump's election campaign. At the same time, there are discussions about the possibility of creating a new position at the White House focused on cryptocurrencies.

According to Bloomberg, Trump's team is consulting with industry leaders to determine the necessity of this position, selecting potential candidates. If Trump moves forward with the creation of this agency, there will be the first position in White House history dedicated to cryptocurrencies.

Potential candidates for this new role include figures such as Coinbase CEO Brian Armstrong, former Coinbase and Binance executive Brian Brooks, and former CFTC Chairman Chris Giancarlo, who is often referred to as Crypto Dad by the community. These management changes and discussions around cryptocurrency policy have set the stage for a surge in Bitcoin prices, which have conquered historic highs.

This image is no longer relevant

Irina Yanina,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback