Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), delivered a detailed address on Nov. 14 at the PLI Annual Institute on Securities Regulation. His remarks highlighted the SEC’s approach to crypto regulation while repeatedly identifying the difference the SEC sees between altcoins and Bitcoin.

The language used by Gensler also hinted at the possibility of stepping down following Donald Trump’s election and the President-elect’s explicit criticism of Gensler’s tenure. He ended his speech with what may be perceived as a farewell message,

“The SEC and its staff. It’s a remarkable agency… It’s been a great honor to serve with them, doing the people’s work…

I’ve been proud to serve with my…

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