Gemini’s Tyler Winklevoss Blasts SEC Chair Gary Gensler, Calls Him ‘Evil’ With ‘Sociopathic Ambition’

November 18, 2024 The Daily Hodl

crypto

Gemini co-founder Tyler Winklevoss is questioning the moral character of Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC). In a scathing new thread on the social media platform X, Tyler Winklevoss calls Gensler evil with “sociopathic ambition” who should never be in a position of power or influence again. Winklevoss […]

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Gensler’s Anticipated Exit Raises Questions: Who Will Lead the SEC Next?

November 18, 2024 Bitcoin.com

bitcoin.com

SEC Chair Gary Gensler is expected to resign before completing his term, sparking debate over his successor and the potential impact on cryptocurrency oversight and regulation. Speculation Mounts Over Gensler’s Resignation and His SEC Successor Discussion about the next U.S. Securities and Exchange Commission (SEC) chair has intensified on social media, with speculation centered on […]

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SEC Chair Gary Gensler Unlikely To Finish Term as President-Elect Trump Looking for Replacement: Report

November 17, 2024 The Daily Hodl

Daily Hodl

U.S. Securities and Exchange Commission Chair Gary Gensler will reportedly most likely resign before his term is over. Fox Business reporter Eleanor Terret says that President-Elect Donald Trump’s pick for a new SEC Chair is still unknown, but that Gensler will probably step down before the January inauguration rather than allow his term run til […]

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Ripple Labs and CEO come under fire amid rumors of a Trump meeting

November 16, 2024 Coin Telegraph

Brad Garlinghouse

Ripple's native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US.

Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media.

In response to the rumors, former Messari CEO and founder Ryan Selkis remarked: "Brad Garlinghouse is shilling XRP (XRP) and CBDC implementations." Selkis' comments were reposted by the vice president of research at Riot Platforms, Pierre Rochard.

Rochard agreed with Selkis and wrote "We can’t let Ripple co-opt the United States policymaking process with their anti-bitcoin agenda," and hoped that the President-elect would appoint more Bitcoiners to his administration.

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It’s Morning in America for Crypto

November 16, 2024 Bitcoin.com

bitcoin.com

With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could […]

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‘Crypto Dad’ squashes rumors that he could replace Gensler as SEC Chair

November 15, 2024 Coin Telegraph

Blockfi

Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.

Chris Giancarlo, the former Commodity Futures Trading Commission Chair, has squashed rumors that he’s in the mix to take over Gary Gensler as head of the Securities and Exchange Commission.

“I’ve made clear that I’ve already cleaned up earlier Gary Gensler mess [at the CFTC] and don’t want to have [to] do it again,” Giancarlo, widely known as “Crypto Dad,” said in a Nov. 14 X post.

Giancarlo was a CFTC commissioner between June 2014 and April 2019, joining a few months after Gensler left his over four-and-a-half-year tenure as chair of the agency in January 2014. Giancarlo was later appointed as the CFTC’s Acting Chair from January to August 2017.

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Trump mulls tapping crypto-friendly CFTC chair: Report

November 15, 2024 Coin Telegraph

CFTC

Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

President-elect Donald Trump's transition team is considering current and former Commodity Futures Trading Commission (CFTC) officials to chair the financial regulatory agency, according to Reuters News.

The CFTC plays a crucial role in regulated cryptocurrency markets in the United States, second only to the Securities and Exchange Commission (SEC).

Summer Mersinger, a Republican CFTC commissioner who has urged the regulator to take a more accommodating stance on crypto, is among those under consideration to chair the agency, Reuters reported.

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Is Gensler Resigning: SEC Chair’s Cryptic Remarks Ignite Exit Speculation

November 15, 2024 Bitcoin.com

bitcoin.com

SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency’s focus on enforcing compliance within cryptocurrency markets on Thursday in a speech at […]

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18 US states file lawsuit against SEC and Gary Gensler

November 14, 2024 Coin Telegraph

Coin Telegraph

President-elect Trump has vowed to fire SEC Chairman Gary Gensler and replace him with a more crypto-friendly SEC head.

18 US states have filed a lawsuit against the Securities and Exchange Commission (SEC) and Chairman Gary Gensler, accusing the financial regulator of “gross government overreach” against the nascent crypto industry.

The joint lawsuit against the SEC. Source: Eleanor Terrett

The plaintiffs include Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, and others. The legal complaint reads:

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SEC chair doubles down on crypto stance under threat of Trump ousting

November 14, 2024 Coin Telegraph

Coin Telegraph

Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission’s record on crypto enforcement and approving ETFs.

United States Securities and Exchange Commission Chair Gary Gensler, potentially only weeks away from being removed by President-elect Donald Trump, has reiterated his position on crypto policy and enforcement.

In prepared remarks for a Nov. 14 speech at the Practicing Law Institute’s 56th Annual Institute on Securities Regulation, Gensler said his focus for digital assets while leading the commission was having parties “register and give proper disclosure to the public” for roughly 10,000 tokens considered securities.

He also pointed to the SEC’s record of approving spot Bitcoin (BTC) exchange-traded funds and BTC futures investment vehicles under his watch but suggested that some crypto firms had not followed “common-sense rules of the road.”

Gary Gensler

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