China News Today TheBitTimes.com

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Bitcoin is back on the rise today following the latest announcement by the SEC that its chair Gary Gensler will be stepping down from his post. In a move that came following mounting pressure, Gary Gensler announced he is officially stepping down from his role as chairman on January 20th. There has been growing speculation on his future in the SEC and a potential replacement since Donald Trump won the US election, and now the Chair has stamped his future. The news of Gensler stepping down from the SEC was a big win for crypto enthusiasts and investors. His resignation comes after a reign as chair where he made crypto regulation a priority, putting the hammer down on Bitcoin ETFs and crypto crime. With Trump’s cabinet being much more crypto-friendly, Gensler’s position in the SEC was always under threat. He ran the SEC as an anti-crypto unit, prolonging the approval of crypto ETFs and pursuing multiple lawsuits against crypto companies. Even the rest of the US government agr...