Captainsaudi
Member
It is very obvious to crypto enthusiasts that the activities of Gary Gensler have been a major setback to the anticipated bull run due to his anti-crypto campaigns which has negatively affected a lot of crypto exchanges and tokens like BTC and XRP. Many crypto analysts and enthusiasts have anticipated his sack, especially XRP maximalists, Binance, and Coinbase. His continued attack on crypto has drawn the attention of US lawmakers as they explained to him recently that the US is a free state and as such it is supposed to be the frontrunner for financial freedom but his activities have portrayed otherwise.
The Lawmakers recently grilled Gary Gensler over an allegation of suppressing crypto innovation to protect traditional financial institutions. Congressman Tom Emmer accused him of improperly regulating crypto to benefit large banking institutions thereby crushing the opportunities for everyday Americans.
After the heated argument between the US SEC chairman and the lawmakers, they have been a rumour that Gary could be sacked by the lawmakers or made powerless. These might lead to a review of strict regulation on crypto by Gary and could spark adoption in the industry. Could this anticipated Gary sack/resignation yield any impact on crypto and spark another bull run?
The Lawmakers recently grilled Gary Gensler over an allegation of suppressing crypto innovation to protect traditional financial institutions. Congressman Tom Emmer accused him of improperly regulating crypto to benefit large banking institutions thereby crushing the opportunities for everyday Americans.
After the heated argument between the US SEC chairman and the lawmakers, they have been a rumour that Gary could be sacked by the lawmakers or made powerless. These might lead to a review of strict regulation on crypto by Gary and could spark adoption in the industry. Could this anticipated Gary sack/resignation yield any impact on crypto and spark another bull run?