Winds of Change Might Blow Through Crypto Sector During Trump’s 2nd Term

The pro-Bitcoin president-elect could trigger a crypto-friendly regulatory environment.

An image of Bitcoin and U.S. currencies are displayed on a screen as delegates listen to speakers during the Interpol World Congress in Singapore on July 4, 2017. Dominic Gwinn/AFP via Getty Images

Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure in January could transform the U.S. cryptocurrency regulatory landscape.

Gensler, a staunch critic of the digital assets industry, confirmed on social media platform X last week that he will resign from his role the day of President-elect Donald Trump’s inauguration.