Crypto Industry Bids Farewell to Gary Gensler—Exactly Like You’d Expect

From decrypt.co

Bitcoin’s price may have topped $98,000 Thursday, but Crypto Twitter was set ablaze for an entirely separate reason: Securities and Exchange Commission (SEC) Chair Gary Gensler, regarded as the industry’s chief antagonist, announced his impending resignation. The figurehead that pursued an aggressive crackdown on the crypto industry signaled that he would resign from his leadership role on January 20, 2025, when Donald Trump takes office for a second term. The disclosure was met with a collective sigh of relief among crypto advocates online, while sparking its fair share of shitposts. Billionaire entrepreneur ... (full story)