Why crypto is going to miss Gary Gensler – DL News
The Guidance
- Gensler, the hard-charging former chair of the SEC, insisted crypto be regulated like stocks and bonds.
- He signed off on Bitcoin ETFs despite his belief that ordinary investors should be wary of crypto.
- Crypto is now a force to reckon with in Washington.
A version of this story appeared in our The Guidance newsletter on January 20. Sign up here.
Crypto is going to miss Gary Gensler. No, really. On Monday, Gensler departed as chair of the US Securities and Exchange Commission in tandem with the inauguration of Donald Trump.
It’s safe to say the crypto industry couldn’t be happier.
For 1,374 days, Gensler wielded litigation to try and force the cryptocurrency industry to hew to the same laws that have governed the securities…
