Janice R. Andrews
The SEC is preparing for a leadership shake-up as Chair Gary Gensler steps down in January, aligning with President-elect Donald Trump’s return to the White House. With Bitcoin (BTC-USD) nearing $100,000, crypto enthusiasts are hopeful for a more supportive regulatory stance under new leadership.
Oppenheimer executive director Owen Lau calls this a significant moment, remarking, “The incoming SEC chair is likely to embrace crypto, reducing enforcement actions and signaling a major regulatory shift.” Trump’s pro-crypto policies suggest a fresh approach to fostering innovation in the digital currency space.
Among potential successors, Teresa Goody Guillén stands out as a “dark horse” candidate backed by the crypto community. Lau states, “She is viewed as an ally to the industry, reflecting a possible move from enforcement to encouraging crypto as a global financial force.”
Goody Guillén’s potential appointment could mark a turning point for crypto regulation, fostering collaboration and easing industry restrictions.
As anticipation builds, this leadership change promises to reshape the regulatory environment, offering hope for a more crypto-friendly SEC.
