Category: Gary Gensler

Just-In: Gary Gensler Sworn in as New SEC Chair, Will SEC Drop Ripple Case?

Gary Gensler has been sworn in as the new Chairman of the United States Securities and Exchange Commission (SEC), following his nomination by President Joe Biden and his subsequent confirmation by the Senate on April 14, 2021. Gensler, who succeeds former Chairman, Jay Clayton will lead the SEC for 5 years through 2026. Gary Gensler […]

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MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman

The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a New Chairman President Joe Biden’s pick to lead the U.S. Securities […]

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With the Election of Gary Gensler as Chairman of the SEC, What Could this Indicate For Ripple?

Gary Gensler will now advise the SEC in a time of crisis. Since it’s recent scandal with Ripple, the financial gatekeeper SEC has been under fire lately for not providing transparency regarding its authority over the cryptocurrency ecosystem. This follows Gensler’s predecessor Jay Clayton, an attorney elected under the Trump administration, filed a lawsuit against […]

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US Senate confirms Gary Gensler as Joe Biden’s SEC chairman

The U.S. Senate has officially confirmed Gary Gensler as chairman of the Securities and Exchange Commission (SEC). The final tally was 53-45, falling largely along party lines. Opposition to Gensler’s candidacy was limited throughout earlier proceedings; Republicans had made comments of concern for the US capital markets as part of general objections of the Biden […]

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Petition Calls on New SEC Chairman to Drop Ripple Lawsuit and ‘End War on XRP’

A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by […]

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Biden’s SEC Chair Pick Gary Gensler Reveals Policies on Bitcoin and Crypto Regulation

Gary Gensler, President Joe Biden’s pick to lead the U.S. Securities and Exchange Commission (SEC), has revealed his policies on bitcoin and other cryptocurrencies if confirmed as the SEC chairman. Gensler is a professor at MIT who teaches cryptocurrencies. He previously served as the chairman of the Commodity Futures Trading Commission (CFTC). SEC Chair Nominee […]

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SEC Chair Nominee Gary Gensler Calls Bitcoin (BTC) “A Catalyst for Change”, Is Bitcoin ETF Coming Soon?

In quite a welcome move for the crypto industry, SEC Chairman nominee Gary Gensler recently responded to questions about blockchain, crypto, and Bitcoin, in a positive manner. Speaking at the nomination hearing, Gensler sounded very much positive about Bitcoin and crypto innovation in general. Speaking before the Senate Banking Committee, Gensler called Bitcoin “a catalyst […]

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