Some crypto firms worry that the agency's harsh enforcement actions may still impact them months or years into a new administration.
"Arbitrary" and "capricious" will forever characterize Gary Gensler's tenure at the helm of the U.S. Securities and Exchange Commission, a couple of words used in two crucial rebukes by U.S. courts. Why it matters: The former Goldman partner and veteran regulator established the crypto industry as enemy number one from the outset of his term in 2021.
President Donald Trump has elevated Republican Commissioner Mark Uyeda to take over the SEC from a now-departed Gary Gensler.
Gary Gensler exits the SEC, leaving a legacy of investor-focused reforms and controversial crypto enforcement.
The US Securities and Exchange Commission will launch a cryptocurrency-focused task force to come up with ways to regulate the market, in one of the first moves by the agency after the resignation of crypto skeptic Gary Gensler.
On Jan. 17, just days before Gary Gensler's final day as SEC chair, a flood of cryptocurrency ETF filings were submitted to the U.S. Securities and Exchange Commission (SEC).
The SEC rolled out a new crypto task force on Tuesday, aimed at helping "draw clear regulatory lines" in the space, the agency said.
SEC Chair Gary Gensler said he didn’t think the 2024 US presidential election, which led to his resignation, was about money from the crypto industry.
The Securities and Exchange Commission waged another legal battle against Tesla CEO and X owner billionaire Elon Musk, this time accusing Musk of defrauding Twitter’s shareholders.
The SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.
According to a Jan. 21 announcement, the agency is creating a crypto task force dedicated to developing a framework for digital assets. The task force will be led by Commissioner Hester Peirce, dubbed “Crypto Mom” for her pro-crypto stance when it comes to regulation.