Securities and Exchange Commission Chair Gary Gensler seems to have a personal vendetta against the crypto industry. From digital asset staking to the Ripple (XRP) lawsuit, Gensler is bringing the regulatory hammer down on crypto firms.
Most blockchain enthusiasts consider SEC chair Gary Gensler a villainous enforcer of Securities Laws. However, it’s also possible that bringing greater clarity to crypto asset regulation will benefit long-term digital currency adoption.
Is Gary Gensler truly on a mission to suffocate Ethereum (ETH), or is he laying the foundation for cryptocurrency and blockchain-based financial services to go mainstream?
Who Is Gary Gensler?
Gary Gensler is the acting chairman of the U.S. Securities and Exchange Commission under Joe Biden’s government. He’s most well-known in the cryptocurrency world for leading the SEC’s lawsuit against Ripple, cracking down on crypto exchange
