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International Business Times
International Business Times
Business
Marvie Basilan

What Happens To Gary Gensler Now? Crypto Users Predict SEC Chief's Fate

Gary Gensler SEC Donald Trump Crypto United States Justin Sun Joe Biden Bitcoin
SEC Chair Gary Gensler refused to clarify the status of Ether as a security or a commodity during a Congress hearing last year. U.S. House Committee on Financial Services YouTube | Oversight of the Securities and Exchange Commission (EventID=115751) (Credit: U.S. House Committee on Financial Services YouTube Channel/Screenshot)

KEY POINTS

  • Trump promised that he will 'fire' Gensler on his first day as the 47th President
  • Gabor Gurbacs believes one thing is clear: Gensler will be job searching soon
  • Some crypto users believe Gensler will resign before he is removed as SEC chief

Donald Trump will become the next president and cryptocurrency users are debating the future of the U.S. Securities and Exchange Commission and its current Chair, Gary Gensler.

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