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  • Claim

Name

Gary Gensler, the former chair of the SEC, had adopted a strict regulatory stance toward the cryptocurrency industry, leading to conflicts with the industry

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Claim

Quotes that support claims

Gensler had become the chief government antagonist for the crypto industry in recent years. He pursued enforcement cases, pushed controversial crypto accounting policy, favored tough rule proposals that threatened the industry's business model and blocked — for a time — the establishment of spot crypto exchange traded funds (ETFs). On the latter point, a court ruling against the agency forced Gensler's hand, and he eventually voted with the commission's Republicans to clear the path for ETFs

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Summary

Crypto news

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