Gary Gensler is stepping down. And no one in crypto is going to miss the SEC chair. Under his tenure, the lead U.S. securities regulator led a wide-ranging campaign against digital assets companies that was both damaging and frequently unfair. Meanwhile, Gensler offered no clarity to crypto companies wanting to do business the right way. At times, it seemed that Gary, along with his ally, Senator Elizabeth Warren, simply wanted to let crypto die on the vine — such was their obvious distaste for the industry and its arguments.
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