Gary Gensler News

With a fresh presidential term on the horizon, Donald Trump’s pro-crypto stance is poised to impact not only the US crypto market but also the entire global ecosystem. His proposed policies, from reshaping crypto regulations to establishing a Strategic Bitcoin Reserve, signal a shift that could reverberate across borders, affecting crypto adoption, trading, and innovation worldwide.

Bitcoin surged by 9% over the past week and 31% since its September low, as markets bet on a potential Trump victory in the US election on 5 November.

Enthusiasm for cryptocurrency has gone «through the roof» since the re-election of President Donald Trump, analysts said Monday, which should lift shares of Coinbase Global (COIN).

The world's largest cryptocurrency was trading between $98,000 and $99,000 in late afternoon trading in the U.S. on Thursday, after briefly touching $99,073. Bitcoin has more than doubled in value this year and is up about 40% in the two weeks since Trump was voted in as the next U.S. president and a slew of pro-crypto lawmakers were elected to Congress.

Gensler, who took over as SEC chair on 17 April 2021, will step down before completing his five-year term, originally set to run until 2026. «I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favour,» he said in a statement on Thursday (22 November). SEC adopts new clearing rules in $26bn US Treasury market overhaul During his time at the watchdog, Gensler pushed through a series of market reforms, including new clearing rules in the $28trn US Treasury markets and shortening the settlement...

Bitcoin (BTCUSD) briefly surged past $99,000 Thursday, creating another price record as investors, big and small, can't seem to get enough of the cryptocurrency.

Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20

Subscribe to enjoy similar stories. Bitcoin is now worth more than any U.S.-listed company other than the six biggest. Dogecoin, created as a joke and the first cryptocurrency to have agovernment departmentnamed after it, would make it to the top 200 stocks by value, larger than Johnson Controls International.

Securities and Exchange Commission Chairman Gary Gensler spoke this morning at the Practising Law Institute's 56th annual conference on securities regulation. 

Bitcoin options traders buoyed by Donald Trump’s election victory are already eyeing a landmark price of $100,000 for the original cryptocurrency, after it surged to a fresh record on hopes for a more crypto-friendly administration. Investors are lining up bets that Bitcoin will pass the milestone as soon as the end of the year, according to data from crypto options exchange Deribit. The token topped $82,000 for the first time on Monday.

Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase (COIN) CEO Brian Armstrong on Tuesday called the «dawn of a new crypto era.»

Donald Trump headed back to the White House after an election in which candidates backed by the crypto industry overwhelmingly won seats in Congress, the stage appears set for a rush of digital-asset mergers. A half-dozen mergers advisers and venture capitalists interviewed by Bloomberg News after Trump’s emphatic victory said they expect a sharp pickup in activity next year. They cited expectations that Trump will follow through on his pledge to remove US Securities and Exchange Commission Chair Gary Gensler, who’s led a years-long crackdown on the industry, as well as for more favorable legislation.

Bitcoin (BTCUSD) hit another record high on Friday amid continued optimism about the election of Donald Trump and a potentially more crypto-friendly Congress.

The cryptocurrency industry expects better days ahead.

The price of bitcoin hit a new high Wednesday as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies.

Gary Gensler, with knock-on implications for others on his agenda. Here's a list of rules and actions affected, according to legal filings, the SEC's agenda, and legal experts. * Nasdaq corporate board diversity: Conservative group the Alliance for Fair Board Recruitment sued the SEC in the Fifth Circuit after the agency blessed a Nasdaq rule promoting diversity on corporate boards. Gensler recently cited this lawsuit as the reason why he could not discuss progress on a similar SEC planned rule. * Proxy voting: The Sixth Circuit Court of Appeals last month sided with the SEC in a case brought by trade associations including the U.S. Chamber of Commerce, finding the agency was within its rights to rescind Donald Trump-era regulations on corporate elections.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.