we will be talking about the views of SEC Chairman Gary Gensler on the crypto regulation. You will know about how the lawsuit is a distraction for the investors. You will also know about the incoming 5 digit value of XRP. In the end, there iS a recent price analysis for XRP. So, lets start our video.
The new chairman of the US Securities and Exchange Commission, Gary Gensler was confirmed in April 2021 by the Senate. He was nominated by the new US President Joe Biden. The former banker was a loyal regulator as the Commodity Futures Trading Commission ("CFTC") chair under President Obama, and many expected his propensity for hardline rules to continue as the SEC chair
Many thought Gensler will bring the digital asset industry in the US a much-needed good change. Gensler, in contrast to others in government positions, has been dedicated to understanding cryptocurrencies technologies and economics. Gensler was a professor at the MIT Sloan School of Management before his appointment to teach classes about cryptocurrencies and blockchain. His extensive economic, political and technological background made him an optimal choice to lead the SEC and he was confirmed by the Senate only one month after his appointment.
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