SEC Chair Gary Gensler to Resign on Trump's Inauguration Day

Senior Policy Advisor Scott Mason was quoted in The National Law Journal sharing insights on how the crypto industry is reacting to news of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler's upcoming departure. Mr. Mason highlighted the industry's anticipation of President-Elect Donald Trump's next chair appointment and the potential new approach to regulation and enforcement. He pointed out that with a Republican majority in Congress, there might finally be comprehensive legislation offering clarity on how crypto exchanges should be regulated and what the SEC's role in that process is.

"With a Republican sweep on Capitol Hill, we may finally see legislation that sets some of those guidelines for the SEC and gives directives to the SEC as to what securities are, what commodities are, and how they are treated," he said.

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