Gensler’s Final Swipe at The Industry
- Gensler’s SEC leadership was marked by aggressive enforcement against cryptocurrency firms and his controversial stance on classifying digital assets as securities.
- Despite teaching blockchain at MIT, his tenure disappointed crypto industry hopes for positive regulation, focusing instead on enforcement and sceptical rhetoric.
- His final significant action was approving Bitcoin spot ETFs in 2024, though this came primarily due to court pressure rather than willing regulatory embrace.
With Gary Gensler’s days at the US Securities and Exchange Commission (SEC) numbered, it’s time to look at what remains from his tenure. Well, mostly lawsuits upon lawsuits and enforcement actions toward the crypto…
