
Crypto analyst and CEO of 10x Research, Markus Thielen, suggests that Gensler may soon resign following Trump’s win. Citing historical patterns, Thielen notes that SEC chairs typically step down when a new president takes office, as seen with Jay Clayton and Mary Jo White. Gensler, appointed by President Biden, has been known for his strict regulatory stance on the crypto industry. Trump has promised to end what he calls an "anti-crypto crusade" and implied he would remove Gensler, although he lacks the direct authority to fire him. Source: Decrypt

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