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The future of crypto regulation comes down to one unpopular man
Trump has promised to ‘fire’ Gary Gensler on day 1.
Former President and current Republican nominee Donald Trump made a campaign promise to “fire Gary Gensler” to the raucous approval of a packed arena at this year’s Bitcoin Conference. “I don’t imagine a lot of voters are up in arms about public companies being forced to disclose the impact their policies have on the environment,” says Marc Fagel, who spent more than a decade at the SEC and who is now a lecturer at Stanford Law School. In March 2024, SEC attorneys were sanctioned by a judge for “ gross abuse of power ” in a crypto case involving a company called Digital Licensing (or, more familiarly, Debt Box).
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