[Bitcoin and Blockchain] Gensler officially announced
US President Biden (Joe Biden) elected Gary Gensler (Gary Gensler) as the chairman of the US Securities and Exchange Commission (SEC). The name Gensler was announced on the official website of BiBack and Harris, BuildBackBetter.com.
Last week, Reuters wrote that Gensler will be appointed as the head of the SEC.
Gensler is a name that knows blockchain and cryptocurrency very well. Gensler had previously talked about cryptocurrency and blockchain technology before Congress, and opposed comparing fraudulent organizations with these assets. He also stated that the United States opposes and does not allow its Facebook digital currency Libra to meet the requirements of US law. However, Gensler said in a speech on Bitcoin and blockchain technology at MIT that XRP is a type of security.
Gensler served as Chairman of the Commodity Futures Contracts Committee (CFTC) led by Obama.
The current head of the SEC is Elad Roisman. Roisman succeeded Jay Clayton, who stepped down in December.
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