Crypto racks up another DC win as Gary Gensler exits [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
for a more favorable relationship between the cryptocurrency industry and a key Washington regulator. A Gensler exit as chair of the Securities and Exchange Commission was high on the wish list of many crypto executives , and President-elect Donald Trump made the removal of the SEC boss a promise to the industry while on the campaign trail. The change at the top of the SEC is the latest of several signs that cryptocurrency is in a position to become a key focus for the new administration once it takes office in 2025. Industry executives are also cheering discussions of a first-ever White House post dedicated to cryptocurrency policy, as reported by Bloomberg this week The optimism pushed Bitcoin ( BTC-USD ) to a fresh all time high of $98,374 per coin as of Thursday afternoon, putting it in striking distance of $100,000. At the beginning of the year, the world's largest cryptocurrency traded at $42,265. Gensler spent much of his tenure clashing with the biggest players in th
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COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- COIN's page on the SEC website