Crypto industry antagonist Gary Gensler’s days as Securities and Exchange Commission (SEC) Chair are numbered. Gensler’s last day will be on January 20, 2025 as Donald Trump takes office, as announced last week, with the departure expected one way or another following Trump’s win.

The president-elect is poised to hammer home one of his most popular crypto promises made earlier this year. At least, that’s what many in the industry are hoping for.

“I will fire Gary Gensler on day one,” Trump declared at a Bitcoin conference in July, prompting thunderous applause from thousands in Nashville. “The day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over.”

Trump won’t have to fire Gensler, it turns out, as the SEC chair is resigning instead. And with Gensler now officially headed for the door, the names of several potential replacements are making the rounds ahead of Trump’s inauguration on January 20.

That list includes Hester Peirce and Mark Uyeda, both SEC commissioners; Dan Gallagher, Robinhood’s chief counsel; former chairman o

Go to Source to See Full Article
Author: André Beganski