Close Menu
Cryprovideos
    What's Hot

    Shift in Blockchain Energy: 3 Prime Cryptocurrencies to Purchase Right now (3 June) as Capital Flows Into Utility

    June 4, 2025

    Why Bitcoin is a Life Raft Amid Rising US Debt | US Crypto Information

    June 4, 2025

    Solana Faces Crunch Time at $164 Resistance – BlockNews

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»SEC Shake-Up: Robinhood Authorized Boss On Shortlist For Prime Spot
    SEC Shake-Up: Robinhood Authorized Boss On Shortlist For Prime Spot
    Crypto News

    SEC Shake-Up: Robinhood Authorized Boss On Shortlist For Prime Spot

    By Christian EncilaNovember 9, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    A significant revamp is coming to the SEC.

    For a lot of causes, this yr’s US presidential elections have change into probably the most consequential for cryptocurrency. Crypto and blockchain expertise has change into an election situation, with each the Republican and Democratic candidates teasing the citizens with their plans on find out how to deal with crypto.

    Associated Studying

    Between the 2, incoming President Donald Trump supplied a extra pleasant stance over crypto, promising to make the US a “crypto capital” and suggesting a change in management on the Securities and Change Fee (SEC).

    Now that Trump is the subsequent president, all eyes are on the SEC and the anticipated reshuffle. And the newest political chatter means that the high-profile job will most likely go to Dan Gallagher, Robinhood’s Chief Authorized Officer.

    Many count on Trump to announce in January 2025 the subsequent SEC chief, because the clamor for the company’s Gary Gensler’s exit intensifies.

    Gensler In Sizzling Seat Earlier than Elections

    Many count on Gensler to be one of many high-profile exits as soon as Trump takes workplace. Gensler has waged authorized fights in opposition to the crypto neighborhood for years, together with Binance and Ripple’s XRP. His aggressive insurance policies in opposition to crypto and its personalities have earned him loads of detractors and enemies.

    Complete crypto market cap at present at $2.5 trillion. Chart: TradingView

    With Gensler’s rising unpopularity, many have demanded his resignation. Trump acknowledged the difficulty and promised a revamp of the SEC as soon as he wins. Even Ripple’s
    Brad Garlinghouse has blamed Gensler for the Democrat’s loss this election. Now, Reuters studies that Robinhood’s Dan Gallagher is taken into account the highest contender for Gensler’s put up.

    Robinhood’s Dan Gallagher As Subsequent SEC Chair?

    Dan Gallagher at present serves as Robinhood’s Chief Authorized Officer. Gallagher was a SEC commissioner from 2011 to 2015 earlier than becoming a member of the corporate. Additionally, Gallagher enjoys large reputation amongst cryptocurrency bigwigs, particularly amongst Trump donors. At the very least two sources have confirmed that the previous SEC commissioner is within the working to change into the subsequent chair of the company.

    Though the choice course of continues to be open, Gallagher’s pro-innovation insurance policies give him a bonus over different hopefuls. He advocates for tighter regulation of cryptocurrencies and helps market liberalization.

    Beforehand, Gallagher campaigned to deal with digital property like Bitcoin as a definite asset class, not as securities. Briefly, the SEC can see a extra crypto-friendly coverage as soon as Gallagher takes oath.

    Associated Studying

    Different Candidates In Consideration

    Except for Gallagher, a couple of different names are floated as Gensler’s alternative. For instance, some within the crypto business are Hester Pierce, who’s a SEC Commissioner, to change into the subsequent SEC chair. Nevertheless, some insiders have shared that Pierce isn’t eager on taking the job. One other candidate within the working is Mark Uyeda, who was appointed as SEC commissioner on June 30, 2022.

    A number of studies additionally talked about Paul Atkins, former Republican SEC Commissioner, and Robert Stebbins – who was named SEC Common Counsel in Could 2017 — as potential Gensler alternative.

    Featured picture from CNBC, chart from TradingView



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Shift in Blockchain Energy: 3 Prime Cryptocurrencies to Purchase Right now (3 June) as Capital Flows Into Utility

    June 4, 2025

    Why Bitcoin is a Life Raft Amid Rising US Debt | US Crypto Information

    June 4, 2025

    BitMEX Plans System Downtime for Upkeep on June 14, 2025

    June 4, 2025

    Ripple CEO Brad Garlinghouse Dispels Circle Acquisition Rumors | Bitcoinist.com

    June 4, 2025
    Latest Posts

    Why Bitcoin is a Life Raft Amid Rising US Debt | US Crypto Information

    June 4, 2025

    Will Musk Double Down on Bitcoin as U.S. Debt Soars?

    June 4, 2025

    Bitcoin ETF: information from the Belief “Fact Social Bitcoin ETF”

    June 4, 2025

    Main Bitcoin Worth Drop Alert: Crash To $98,000 To Gasoline Altcoin Shopping for Alternative

    June 4, 2025

    Bitcoin donation scandal triggers political disaster for Czech Prime Minister

    June 4, 2025

    Cloud Mining BTC Progress Technique in 2025: Earn Mining, Creating Steady Cryptocurrency Revenue

    June 4, 2025

    Bearish Predictions: Professional Suggests Bitcoin May Fall Far Under $10,000

    June 4, 2025

    Bitcoin Vs Ethereum: Who’s Social Media Rooting For?

    June 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Hyperbolic Secures $12M to Advance Decentralized AI Infrastructure – Decrypt

    December 10, 2024

    Bybit Shuts Down Its NFT Market As Crypto Sector Struggles To Get well – The Each day Hodl

    April 1, 2025

    Public Keys: Excessive Hopes for HOOD, Custody Battle for Coinbase, and Analysts' Favourite Metric – Decrypt

    April 12, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.