Gary Gensler Is The New Securities And Exchange Commission Chairman

US President Joe Biden pick Gary Gensler for SEC Chair last February 3.

After a 53-45 Senate vote last April 14 in favor of the nomination, Gary Gensler is sworn as the new chairman of the Securities and Exchange Commission by US Senator Ben Cardin.

“I feel incredibly privileged to join the SEC’s team of remarkable public servants,” Gensler said. “As Chair, every day I will be animated by our mission: protecting investors, facilitating capital formation, and promoting fair, orderly, and efficient markets.

With the new appointment, Gary Gensler could reshape the SEC’s stance towards cryptocurrency.

With a vast knowledge in blockchain and cryptocurrency, Gary Gensler is expected to deliver a clear regulations and guidance involving the crypto industry.

#SmartCrypto