Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated

By The Guardian   |   1 year ago
Bitcoin rises after SEC chair says he is to step down when Trump is inaugurated

Gary Gensler, a critic of the crypto industry, will leave the US financial regulator on January 20. Cryptocurrencies surged after his resignation announcement, with Bitcoin hitting $99,500. Trump's pro-crypto stance may lead to deregulation of rules proposed by Gensler.

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