Gary Gensler Urged to Resign as SEC Chair
The ASA called for SEC Chair Gary Gensler’s resignation, citing overregulation and harm to small businesses. Recently, the American Securities Association (ASA) issued a plea for Gary Gensler, the chair of the Securities and Exchange Commission, to resign immediately. He emphasized that such a change in the SEC’s management would align with the voters’ recent […]
DeFi Tokens Surge 30% Amid Optimism for ‘Friendlier’ Landscape Under Trump
DeFi firms have been concerned about implementing “value accrual mechanisms” for their tokens under SEC supervision — but that could change with President-elect Donald Trump. Decentralized finance (DeFi) tokens surged by over 30% as traders anticipate that the Trump administration will boost the “investment appeal” of holding “utility” tokens, per an industry analyst. Among the biggest […]
Donald Trump May Not Be Able To Fire Gary Gensler
Attorney Dave Michaels noted that the *Humphrey’s Executor* ruling protects SEC chairs from dismissal based only on executive preference. SEC Chair Gary Gensler’s future has become a topic of discussion as the United States braces for potential changes following today’s election. There is speculation among certain individuals regarding potential changes in agency leadership in light […]
Pro-XRP Lawyer Outlines Gensler’s Options if Trump Wins
Pro-XRP Lawyer suggests that if Gensler does not step down voluntarily, Trump could request his resignation on Day 1. As Donald Trump’s chances of winning the presidency in 2024 continue to improve, there is growing concern regarding the future of Gary Gensler, the chair of the United States Securities and Exchange Commission. Recently, a pro-XRP […]
US SEC Designate Crypto As Examination Priority in 2025
The US SEC has prioritized cryptocurrencies in its examination agenda for the upcoming year, despite the possibility of a change in its leadership and government control. The SEC’s Division of Examinations disclosed its objectives for 2025 in a notice issued on October 21, encompassing crypto assets and their “associated products and services.” The regulator intended […]