SEC Chair who reversed crypto crackdown reveals why 75-day ETF approvals change everything
Key Points
- Gary Gensler's heavy-handed crypto regulation left markets j...
Gary Gensler left the SEC earlier this year with all the fanfare of someone who just told a room full of crypto bros that Bitcoin isn't actually digital gold. Zero regrets, he says, about his tenure as the industry's least favorite dinner party guest.
The Gensler Era: Regulation by Sledgehammer
Gensler's approach to crypto regulation was like using a fire hose to water a houseplant - technically effective, but perhaps a bit much. His "regulation-by-enforcement" strategy had crypto enthusiasts treating SEC announcements like horror movie trailers. Sure, his defenders point out that someon...
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