Gensler Defends SEC’s Crypto Stance Amidst Trump Ousting Rumors

Amidst rumors of a potential ouster by a potential Donald Trump administration, SEC Chair Gary Gensler doubled down on the agency’s approach to regulating the cryptocurrency industry. While declining to comment on his future at the SEC, Gensler highlighted the commission’s significant efforts in enforcing crypto regulations and approving cryptocurrency exchange-traded funds (ETFs).