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Gensler’s Final Push For Crypto Regulation: Key Remarks As Trump Promises New Approach

  • Chair of the US Securities and Exchange Commission (SEC), Gary Gensler, is pushing for regulatory framework for the crypto market as Trump administration signals a pro-digital asset stance.
  • Gensler emphasizes the need for clear regulations for crypto sales and intermediaries, focusing on transparency and proper disclosure.
  • The SEC Chair's concerns about compliance and adherence to traditional securities regulations may clash with the incoming Republican administration's views on the digital asset industry.
  • Trump plans to establish a favorable regulatory environment for cryptocurrencies but also promises to fire Gensler on day one of his administration, which begins in two months.

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