Biden Administration Expected to Tap Pro-Bitcoin Politician Gary Gensler
With a number of leading politicos calling the presidential election for Biden, analysts have begun to wonder how Bitcoin will be affected. Gary Gensler is expected to be an advisor to the White House. Many see this as notable as the former CFTC chairman is a Bitcoin bull, saying the asset should be exempt from stringent regulation. Bitcoin Could Get a Boost from a Potential Biden Cabinet Member With a number of leading politicos calling […]
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The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According to Reuters’ two unnamed sources, Biden has finally decided on his final pick to lead the SEC, following the stepping down of Jay Clayton as chairman in December. Gensler is a well-known figure in the crypto industry,....
The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation. New Crypto Regulation Being Developed by Biden Administration Fox Business’ Charlie Gasparino reported Monday that the Biden administration is in what’s been described to him by people close to them as “the early stages of developing a regulatory approach to the crypto markets.” He noted that the....
Gensler taught a course on "blockchain technology's potential use — by entrepreneurs and incumbents — to change the world of money and finance." President-elect Biden has finally decided on his nominee to head the Securities and Exchange Commission.At least according to Reuters' anonymous sourcing in a Tuesday report, Gary Gensler will be Biden's nominee as SEC Chair. During the Obama administration, Gensler was the chairman of the Commodity Futures Trading Commission, in which capacity he was in charge of enforcing the many new provisions of the Dodd-Frank Act that followed the 2008....
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team.
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.