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0.00046975136731197 0.00100661007281131 -0.000100661007281245 0.000234875683655985 0.00208032748381037 -0.00211388115290405 -0.00345602791665278 -0.00345602791665278
Stock impact report

Gary Gensler resigns as SEC chair, sparking celebration across crypto industry [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
“I thank President Biden for entrusting me with this incredible responsibility,” Gensler said. “The SEC has met our mission and enforced the law without fear or favor.... I also thank Congress, my colleagues across the U.S. government, and fellow regulators around the world.” Gensler has led the agency since April 2021, and during his tenure launched high-profile enforcement actions against the biggest crypto firms in the country, including Coinbase, Binance, and Kraken. The crypto industry, which had long called for Gensler's departure, celebrated the news. “Gary Gensler's departure marks an opportunity for a fresh approach to digital asset regulation in the United States," Eli Cohen, General Counsel at Centrifuge, told TheStreet Crypto. "The resignation of Chairman Gensler offers an opportunity to move beyond a tenure characterized by 'regulation by enforcement' to fostering meaningful engagement between regulators and market participants toward developing a regulatory framew Show less Read more
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