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This scenario could spark Gary Gensler’s resignation: Former SEC official

 

The United States’ securities regulator could completely u-turn its approach to crypto enforcement, depending on a key election in the United States in 2024, according to former SEC official John Reed Stark.

In an Aug. 13 tweet, the former SEC Office of Internet Enforcement chief predicted that a Republican President could drastically shift the crypto-regulatory tide, including the potential resignation of SEC chief Gary Gensler.

Better Markets letter to the SEC, recommending a rejection of spot Bitcoin ETF products. Source: Better Markets

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